Clydesdale Bank PLC announces board and senior management changes

30th October 2014

Following the recent appointments of Jim Pettigrew as Chairman and Ian Smith as Chief Financial Officer, Clydesdale Bank PLC has announced further changes to its Boards and Executive Committee.

Dr Teresa Robson-Capps

Dr Teresa Robson-Capps has been appointed to the Board of Clydesdale Bank PLC as a Non-Executive Director. She will also join the Board of National Australia Group Europe Limited.

Dr Teresa Robson-Capps, who has lived in Yorkshire for the past 25 years, holds a number of Non-Executive Director positions. Currently Chairman of ACS Clothing Limited, she is a Non-Executive Director and Member of the Audit Committee with Towergate PartnershipCo Limited as well as serving as Chairman for two of its subsidiaries – Payment Shield Group Holdings Ltd and Broker Network Holdings Ltd.

Teresa’s most recent executive position was with HSBC where, until 2011, she was Deputy Head of its Direct Bank and First Direct as well as Head of Strategy and Planning. Prior to that she was Head of Customer Telephone Services for HSBC UK Bank covering over 11 million customers. Before joining HSBC in 2006, Teresa held a number of senior roles with Accenture, Reality (part of GUS Plc) and Cable & Wireless.

A Fellow of both the Institute of Chartered Management Accountants and the Royal Society of Arts, Teresa holds a PhD in Management Control and Accounting from the University of Sheffield and a BA (Hons) degree in Business Studies from the University of Huddersfield.

John Hooper

After 18 years with the Group, John Hooper, Executive Director and Chief Operating Officer, is retiring from the National Australia Bank Group this month.

Having joined NAB’s London branch in 1996 to help establish a Corporate Finance capability for the UK, he moved to Melbourne in 2002 to become General Manager, Specialised Finance where he was responsible for the Bank’s specialist lending activities globally. John became head of the global institutional business (nabCapital) in 2004 and a member of the Group Executive Committee. In 2009 he returned to the UK to join the Executive Committee and the NAGE Board.

As a result of John’s retirement, a number of changes are being made to the structure and accountabilities of the Executive Committee. This includes the external appointment of a new Distribution Director.

David Gillespie

David Gillespie joins the Executive Committee of Clydesdale and Yorkshire Banks to the newly created role of Distribution Director, subject to regulatory approval, with effect from 29 October. He will be responsible for the Banks’ Retail, SME, Specialist Business, Private, and Direct operations.

David joins Clydesdale and Yorkshire Banks after 21 years with RBS where he latterly worked on the bank’s transformation programme to develop RBS’s approach to “customer-centricity”.

Between 2010 to 2013, David was the Chief Executive Officer of RBS England & Wales and NatWest Scotland which is being developed into one of the new challengers in UK Banking, Williams & Glyn. Prior to that, David was Chief Operating Officer of RBS’s UK Retail businesses, having previously held a variety of roles across the bank including UK Retail Product Director, Director UK Bank, Managing Director of Natwest Offshore and Chairman of the Isle of Man Bank.

A Modern History graduate of University College, Oxford University, David has also completed the Harvard Business School, Advanced Management Programme. He lives in Edinburgh and is a Fellow of the Chartered Institute of Bankers Scotland.

David Thorburn, Chief Executive, said: “We are delighted to welcome Dr Teresa Robson-Capps to the Boards and David Gillespie to my Executive Committee. They both have first-class track records with outstanding business knowledge and a wealth of experience which will be invaluable as we move into the next phase of our development and continue to build a better bank for our customers. I would also like to sincerely thank John Hooper for his dedication and strong support particularly during the past five years of significant change for our business. He has played a key role in the successful restructuring of our business and we wish him well for the future.”