James Neilson Pettigrew (born 28 July 1958) who is currently the chairman of the AIB Group Plc, BlueBay Asset Management, Scottish Ballet
Dundee Heritage Trust
Until recently, he was the chairman of

Virgin Money Virgin Money is a financial services brand used by two independent brand-licensees worldwide from the Virgin Group. Virgin Money branded services are currently available in Australia and the United Kingdom. The brand formerly operated in South Af ...

CYBG PLC Virgin Money UK plc is a holding company that owns Clydesdale Bank plc, which in turn trades as Clydesdale Bank, Yorkshire Bank and Virgin Money in the United Kingdom. It was formed as CYBG plc by National Australia Bank (NAB) in February 2016 ...

, the owners of Clydesdale Bank, Yorkshire Bank and the digital app based current account provider, B.

was formed as part of the demerger with

National Australia Bank National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-la ...

in early 2016. From 2016-2019, he was Chairman of Scottish Financial Enterprise (SFE), the representative body for Scotland's financial services industry, from 2016-2019. He was also co-chair for the Financial Services Advisory Board (FiSAB) with the First Minister, and was on the advisory board of

TheCityUK TheCityUK is a private-sector membership body and industry advocacy group promoting the financial services, financial and related professional services industry of the United Kingdom (UK). TheCityUK is often referred to as the industry's "most po ...

Early life

Pettigrew was born in

Dundee Dundee (; sco, Dundee; gd, Dùn Dè or ) is Scotland's fourth-largest city and the 51st-most-populous built-up area in the United Kingdom. The mid-year population estimate for 2016 was , giving Dundee a population density of 2,478/km2 or ...

, Scotland in 1958. He attended the High School of Dundee between 1964 - 1976, before going on to study Law at the University of Aberdeen where he gained a L.L.B in 1979. He then undertook a post graduate Accountancy qualification at the University of Glasgow obtaining his Dip.Acc in 1980. He went on to qualify as a CA with Ernst and Young before moving into the corporate sector.

Career history

In 1988, Pettigrew joined Sedgwick Group plc, a member of the FTSE 100, rising to become Group Treasurer and stayed until December 1998 at which point he was Deputy Group CFO. In January 1999, he joined ICAP plc which became a FTSE 100 company and the world’s largest specialist inter-dealer broker, as Group Finance Director. He was Chief Operating and Financial Officer of Ashmore Group plc from 2006 to 2007 where he played an important role supporting the IPO initiative and managing the post IPO process both internally and externally. Pettigrew then became Chief Executive Officer of CMC Markets plc in October 2007 having previously served as a Non-Executive Director. He is also a former president of ICAS. Since leaving CMC Markets plc in 2009, Pettigrew has been building a portfolio of non-executive director appointments; with a focus on the Financial Services and Insurance sectors. He is currently serving on the below boards: * Chairman of AIB Group Plc. *Chairman of Scottish Ballet * Chairman of BlueBay Asset Management (Services) Ltd and BlueBay Asset Management LLP (members of the RBC Group) *Chairman o
Dundee Heritage Trust
He previously held positions on the boards of: *Chairman of Clydesdale Bank and

, *Chairman of Miton Group PLC *Chairman of Scottish Financial Enterprise *Co-Chair of the Financial Services Advisory Board *Interim Chairman and Senior Independent Non-Executive Director of Rathbone Brothers Plc *

Aberdeen Asset Management plc Aberdeen Asset Management was an international investment management group, managing assets for both institutions and private investors from offices around the world. Its head office was in Aberdeen, Scotland. The company was listed on the Lon ...

(2010-2016) * CMC Markets plc (2005-2007), * Hermes (2009-2014), * Aon UK Ltd (2011-2014), * The Edinburgh Investment Trust PLC, * Crest Nicholson Holdings PLC. * City UK Advisory Board On 7 May 2018 it was reported that

CYBG plc Virgin Money UK plc is a holding company that owns Clydesdale Bank plc, which in turn trades as Clydesdale Bank, Yorkshire Bank and Virgin Money in the United Kingdom. It was formed as CYBG plc by National Australia Bank (NAB) in February 2016 ...

, under the leadership of David Duffy and the Board, had made an all share offer to acquire

Virgin Money UK Virgin Money is a banking and financial services brand operating in the United Kingdom. The Virgin Money brand was founded by Richard Branson in March 1995. It was originally known as Virgin Direct, and pioneered index tracking by launching ...

. On 18 June 2018 it was announced that the takeover had been agreed. Arrangements were made for

CYBG Virgin Money UK plc is a holding company that owns Clydesdale Bank plc, which in turn trades as Clydesdale Bank, Yorkshire Bank and Virgin Money in the United Kingdom. It was formed as CYBG plc by National Australia Bank (NAB) in February 201 ...

to license the

brand for £12 million a year (later rising to £15 million a year) and to move all its retail customers to Virgin Money over the following three years.

Outside interests

Pettigrew has served on the Foundation Board helping preserve the world’s last sea-going paddle steamer – The Waverley.

References

External links

Official website
{{DEFAULTSORT:Pettigrew, Jim 1958 births Living people People educated at the High School of Dundee Alumni of the University of Aberdeen Alumni of the University of Glasgow