DAVID Duffy, who has been chief executive of Allied Irish Banks since December 2011, has been appointed to succeed David Thorburn at the head of Glasgow-based Clydesdale Bank.
Mr Duffy's appointment was announced today by National Australia Bank, which owns Clydesdale and has declared its intention to exit the UK market.NAB group chief executive Andrew Thorburn said: "David is uniquely qualified to meet the challenges and opportunities of this important role, particularly as we are examining the broader range of options we announced in October 2014 to accelerate NAB's exit from the UK Banking business."
Clydesdale Bank board chairman Jim Pettigrew said: "We are delighted to announce the appointment of David Duffy as CEO of Clydesdale Bank. David is a highly effective and motivational leader with a wealth of international banking experience and a strong track record in retail banking. In the past three years with AIB, he has delivered an impressive programme of positive change which has been built around the needs of customers."
Mr Pettigrew added: "A passionate and genuine customer champion, David's broad-based skills, leadership, energy and strategic vision will be invaluable as we move into the next phase of our development."
Mr Duffy will head Clydesdale and sister bank Yorkshire.
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