David Thorburn (banker)
Encyclopedia
David Thorburn is a senior Scottish-born banker; Chief Operating Officer and Executive Director, Clydesdale Bank
and the Yorkshire Bank
, subsidiaries of the National Australia Bank
.
and educated at the former Hamilton Academy
, from which he entered the University of Glasgow
, graduating in Law. (In 1999 he also undertook completion of an advance management programme at Harvard Business School
, United States.)
Joining the Clydesdale Bank
as a trainee graduate in 1978 and moving to the Trustee Savings Bank
, Scotland, in 1984, Thorburn returned to the Clydesdale Bank in 1993 as a senior manager. In April 2002 he was appointed Chief Operating Officer and Executive Director, the Clydesdale Bank; positions that he has also held with the Yorkshire Bank
since October 2004. As Chief Operating Officer of the Clydesdale Bank, David Thorburn's is the signature on Clydesdale banknotes.
in Scotland and a past President of the Chartered Institute of Bankers in Scotland
. He is also a former Director of Scottish Financial Enterprise
and in May 2009 was invited by the First Minister of Scotland
to head the team to develop a new Skills Gateway for the financial services industry in Scotland.
Clydesdale Bank
Clydesdale Bank is a commercial bank in Scotland, a subsidiary of the National Australia Bank Group. In Scotland, Clydesdale Bank is the third largest clearing bank, although it also retains a branch network in London and the north of England...
and the Yorkshire Bank
Yorkshire Bank
Yorkshire Bank is a commercial bank in England and Wales, a division of Clydesdale Bank, which in turn is a subsidiary of National Australia Bank. It mostly operates in the North of England, especially in Yorkshire. In 2006 underlying profit rose 16.7 per cent to £454 million compared with a...
, subsidiaries of the National Australia Bank
National Australia Bank
National Australia Bank is one of the four largest financial institutions in Australia in terms of market capitalisation and customers. NAB is ranked 17th largest bank in the world measured by market capitalisation...
.
Education
David J. Thorburn was born in Glasgow in 1958, raised in Hamilton, South LanarkshireHamilton, South Lanarkshire
Hamilton is a town in South Lanarkshire, in the west-central Lowlands of Scotland. It serves as the main administrative centre of the South Lanarkshire council area. It is the fifth-biggest town in Scotland after Paisley, East Kilbride, Livingston and Cumbernauld...
and educated at the former Hamilton Academy
Hamilton Academy
Hamilton Academy was a school situated in Hamilton, South Lanarkshire, Scotland.Described as "one of the finest schools in Scotland" in the Cambridge University Press County Biography of 1910, Hamilton Academy featured in the Scottish Secondary Teachers' Association Magazine article series on...
, from which he entered the University of Glasgow
University of Glasgow
The University of Glasgow is the fourth-oldest university in the English-speaking world and one of Scotland's four ancient universities. Located in Glasgow, the university was founded in 1451 and is presently one of seventeen British higher education institutions ranked amongst the top 100 of the...
, graduating in Law. (In 1999 he also undertook completion of an advance management programme at Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, United States.)
Career
Clydesdale Bank
Clydesdale Bank is a commercial bank in Scotland, a subsidiary of the National Australia Bank Group. In Scotland, Clydesdale Bank is the third largest clearing bank, although it also retains a branch network in London and the north of England...
as a trainee graduate in 1978 and moving to the Trustee Savings Bank
Trustee Savings Bank
The Trustee Savings Bank was a British financial institution which specialised in accepting savings deposits from the poor. They did not trade their shares on the stock market and, unlike mutually held building societies, depositors had no voting rights nor the ability to direct the financial and...
, Scotland, in 1984, Thorburn returned to the Clydesdale Bank in 1993 as a senior manager. In April 2002 he was appointed Chief Operating Officer and Executive Director, the Clydesdale Bank; positions that he has also held with the Yorkshire Bank
Yorkshire Bank
Yorkshire Bank is a commercial bank in England and Wales, a division of Clydesdale Bank, which in turn is a subsidiary of National Australia Bank. It mostly operates in the North of England, especially in Yorkshire. In 2006 underlying profit rose 16.7 per cent to £454 million compared with a...
since October 2004. As Chief Operating Officer of the Clydesdale Bank, David Thorburn's is the signature on Clydesdale banknotes.
Other appointments
David Thorburn is a former vice-Chairman and Chairman of the Confederation of British IndustryConfederation of British Industry
The Confederation of British Industry is a British not for profit organisation incorporated by Royal charter which promotes the interests of its members, some 200,000 British businesses, a figure which includes some 80% of FTSE 100 companies and around 50% of FTSE 350 companies.-Role:The CBI works...
in Scotland and a past President of the Chartered Institute of Bankers in Scotland
Chartered Institute of Bankers in Scotland
The Chartered Institute of Bankers in Scotland , which is now known as the Chartered Banker Institute, was established in 1875 and is the oldest banking institute in the world and the only remaining banking institute in the UK. It aims to help rebuild public confidence in banks and banking by...
. He is also a former Director of Scottish Financial Enterprise
Scottish Financial Enterprise
Scottish Financial Enterprise is the membership body that represents and promotes the interests of Scotland's international financial services industry....
and in May 2009 was invited by the First Minister of Scotland
First Minister of Scotland
The First Minister of Scotland is the political leader of Scotland and head of the Scottish Government. The First Minister chairs the Scottish Cabinet and is primarily responsible for the formulation, development and presentation of Scottish Government policy...
to head the team to develop a new Skills Gateway for the financial services industry in Scotland.