David Thorburn (banker) Leaves Clydesdale Bank as CEO

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David Thorburn's tenure as CEO of Clydesdale Bank came to an end. He left the position.

As we explore David Thorburn's career, it's worth noting that his departure from Clydesdale Bank was a significant event.

David Thorburn

David Thorburn is a seasoned banker with a wealth of experience. He was born in 1958 in Glasgow, Scotland.

Thorburn's career in banking spans over four decades. He started as a graduate trainee at Clydesdale Bank in 1978 and later became the bank's chief executive officer from 2011 to 2015.

Thorburn has held various positions in the banking industry, including chief executive officer at Yorkshire Bank and director/board member at Barclays Bank UK Plc. He has also been a corporate officer/principal at CBI Scotland and a director/board member at Ernst & Young Global Ltd.

Here are some key positions held by David Thorburn:

  • Chief Executive Officer at Clydesdale Bank (2011-2015)
  • Chief Executive Officer at Yorkshire Bank (no end date mentioned)
  • Director/Board Member at Barclays Bank UK Plc (2022-02-02)
  • Corporate Officer/Principal at CBI Scotland (1992-12-31)
  • Director/Board Member at Ernst & Young Global Ltd. (no end date mentioned)

Thorburn has also been a member of the Bank of England's Prudential Regulation Committee from July 2015 to March 2018.

Clydesdale Bank

Credit: youtube.com, David Thorburn (banker)

Clydesdale Bank was founded in 1838 and is headquartered in Glasgow, the United Kingdom.

David Thorburn served as the Chief Executive Officer of Clydesdale Bank from 2011 to 2015, a position he still holds for Yorkshire Bank.

The bank provides commercial banking services, including personal banking, private banking, and business banking.

David Thorburn's tenure as CEO of Clydesdale Bank was marked by his efforts to improve the bank's performance, and he has stated that he is proud of the work his team has undertaken during his time in post.

Here are some key facts about David Thorburn's positions at Clydesdale Bank and Yorkshire Bank:

Former Positions

David Thorburn, the former Chief Executive Officer of Clydesdale Bank Plc, has had a distinguished career in the banking industry. He held this position from 2015-01-05.

Thorburn also served as the Chief Executive Officer of Yorkshire Bank Plc. His tenure in this role is ongoing.

In addition to his roles in the banking industry, Thorburn has also held positions in other organizations. He was a Director/Board Member at Barclays Bank UK Plc, serving until 2022-02-02.

Here are some of David Thorburn's former positions in more detail:

CEO Resigns

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Credit: pexels.com, Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.

David Thorburn, the CEO of Clydesdale Bank, is stepping down after four years in post. He's proud of the work his team has done and feels the business is in better shape.

Thorburn has decided to leave to allow for new leadership to take over, as the business requires a five-year commitment from him, especially with NAB looking to exit the UK banking sector. He's been discussing this with NAB chief Andrew Thorburn, who understands his decision.

The Australian banking giant National Australia Bank (NAB) acquired Clydesdale Bank in 1987 and Yorkshire Bank in 1990. Clydesdale Bank's parent group is considering exiting the UK banking sector, which it views as a priority.

NAB has brought in City headhunters Korn Ferry to find a suitable candidate to lead the expected stock market listing of the UK business later this year.

See what others are reading: Andrew Thorburn

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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