January 30, 2015 9:57 AM ET


Company Overview of Clydesdale Bank PLC

Company Overview

Clydesdale Bank PLC, together with its subsidiaries, engages in the retail and commercial banking business, primarily in the north of England and in Scotland. The company operates in two segments, Business & Private Banking, and Retail Banking. It offers current accounts, savings accounts, and term deposits; personal and car loans; credit cards; mortgages; home, car, travel, life and critical illness, motor, and commercial insurance products; prepaid currency cards; and Internet banking and mobile banking services. The company also provides asset finance, acquisition finance, invoice finance, and business growth finance; treasury solutions, including foreign exchange risk management, currenc...

30 St Vincent Place

Glasgow,  G1 2HL

United Kingdom

Founded in 1838

4,758 Employees

Key Executives for Clydesdale Bank PLC

Chief Financial Officer
Operations & IT Director
Executive Director and Member of Risk Committee
Age: 60
Chief Risk Officer
Chairman of Financial Solutions Centre
Compensation as of Fiscal Year 2014.

Clydesdale Bank PLC Key Developments

Clydesdale Bank PLC Announces Board and Executive Changes

National Australia Bank and the board of Clydesdale Bank PLC have announced the appointment of David Duffy as Chief Executive Officer of Clydesdale Bank. He will also be invited to join the boards of Clydesdale Bank PLC and National Australia Group Europe Limited as an Executive Director. David Duffy joins from Allied Irish Banks where he has been Chief Executive Officer since December 2011. This appointment follows David Thorburn's decision to stand down after almost four years as Clydesdale Bank's Chief Executive Officer. David was also previously Head of Global Wholesale Banking Network with ING Group and President and Chief Executive Officer of the ING wholesale franchises in the United States and Latin America.

Clydesdale Bank and National Australia Group Europe Appoint Adrian Grace as Non-Executive Director

Clydesdale Bank Plc announced the appointment of Adrian Grace as a non-executive director of the lender and parent National Australia Group Europe Ltd. Grace, currently CEO of AEGON NV's AEGON UK Plc, previously served as a managing director within the corporate division of HBOS Plc, now part of Lloyds Banking Group Plc.

Yorkshire and Clydesdale Banks Announce Board Changes

Aegon boss Adrian Grace has been appointed to the board of Yorkshire and Clydesdale banks, days after chief executive David Thorburn announced plans to leave. The appointment comes as parent company National Australia Bank prepares to sell its UK-based operations to focus on its core business in Australia and New Zealand. Mr. Grace will join the board of both institutions, as well as the board of National Australia Group Europe, as non-executive director. He was appointed chief executive of Aegon UK in 2011, having previously been chief operating officer and business development director of the insurer.

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