LONDON--Virgin Money Holdings UK PLC (VM.LN) Thursday confirmed that Glen Moreno has been appointed Chairman of the Company.

The consumer financial services group said Mr. Moreno was appointed as an independent Nonexecutive Director in January and he is currently chairman of Pearson PLC (PSON.LN), a U.K.-based publisher and education firm.

Pearson announced in April that its longstanding chairman, Glen Moreno, is stepping down this year after nearly a decade in the role. Mr. Moreno, 71, and will depart in the next 12 months, Pearson said.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

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