New CEO committed to customer choice in UK banking

30/06/2011

Providing real market choice with a clear customer focus - that’s the commitment from Clydesdale and Yorkshire Bank’s new Chief Executive, David Thorburn.

David officially takes over as Chief Executive from Lynne Peacock on 1 July 2011. Lynne is stepping down after seven years leading the UK business. David also joins NAB Group’s Executive Committee.

David Thorburn said: “Clydesdale and Yorkshire Banks are in a unique position as national players that have a local focus and a clear customer service ethos. We offer a distinctive choice for personal, business and private banking in the UK.

“We are expanding our mortgage book and continue to attract growing numbers of owner managed small and medium sized businesses plus mid-corporates. We are in the home straight to deliver our two-year pledge to make £10 billion of new lending to business and personal customers by October this year. Our appetite for quality lending remains and I want consumers and businesses to know that there is a credible alternative in a market where people are crying out for choice and where the Big Banks look all but identical.”