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New CIO for bank

McGrade makes switch to Virgin Money

Michelle McGradeFormer chief investment officer at TD Direct Investing, Michelle McGrade, has joined Virgin Money as chief investment officer.

McGrade left TD Direct Investing last month after the firm was acquired by Interactive Investor.

She had been at TD Direct since March 2015, having previously worked as a consultant for Mediolanum Asset Management and held a number of other roles in the investment industry.

Speaking about her new role she said: “I share the firm’s passion of making everyone better off. Together, we are developing exciting plans to take the next leap in meeting investors’ needs.”

McGrade is also acting as advisor to the investment committee of the Sainsbury’s Pension Scheme.

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