James Neilson Pettigrew (born 28 July 1958) who is currently the chairman of the AIB Group Plc, RBC Global Asset Management UK Ltd, and

Scottish Ballet Scottish Ballet is the national ballet company of Scotland and one of the five leading ballet companies of the United Kingdom, alongside the Royal Ballet, English National Ballet, Birmingham Royal Ballet and Northern Ballet. Founded in 1 ...

. Until recently, he was the chairman of

Virgin Money Virgin Money may refer to: * Virgin Money (brand), a financial services brand owned by Virgin Group * Virgin Money UK, a British banking and financial services company owned by Nationwide Building Society Nationwide Building Society is a Bri ...

CYBG PLC Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024. The Virgin Money (brand), Virgin Money brand was founded by Richard Branson in ...

, the owners of

Clydesdale Bank Clydesdale Bank () is a trading name used by Clydesdale Bank plc for its retail banking operations in Scotland. In June 2018, it was announced that Clydesdale Bank plc's holding company, CYBG, would acquire Virgin Money for £1.7 billi ...

Yorkshire Bank Yorkshire Bank was a trading name used by Clydesdale Bank plc for its retail banking operations in England. The Yorkshire Bank was founded in 1859 as the West Riding of Yorkshire Provident Society and Penny Savings Society but the Provident ...

and the digital app based current account provider, B.

was formed as part of the demerger with

National Australia Bank National Australia Bank Limited (abbreviated NAB, branded and stylised as nab) is one of the four largest Banking in Australia, financial institutions in Australia (colloquially referred to as "Big Four (banking), The Big Four") in terms of mar ...

in early 2016. From 2016-2019, he was Chairman of

Scottish Financial Enterprise Scottish Financial Enterprise is the representative body for Scotland's financial services industry. It is a company limited by guarantee A company limited by guarantee (CLG) is a type of company where the liability of members in the event the ...

(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 A first minister is any of a variety of leaders of government cabinets. The term literally has the same meaning as "prime minister" but is typically chosen to distinguish the office-holder from a superior prime minister. Currently the title of ' ...

, 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 ...

. and chaire
Dundee Heritage Trust

Early life

Pettigrew was born in

Dundee Dundee (; ; or , ) is the List of towns and cities in Scotland by population, fourth-largest city in Scotland. The mid-year population estimate for the locality was . It lies within the eastern central Lowlands on the north bank of the Firt ...

Scotland Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjac ...

on 28 July 1958. He attended the

High School of Dundee The High School of Dundee is a private, co-educational, day school in Dundee, Scotland, which provides nursery, primary and secondary education to just over one thousand pupils. Its foundation has been dated to 1239, and it is the only private sc ...

between 1964 - 1976, before going on to study Law at the

University of Aberdeen The University of Aberdeen (abbreviated ''Aberd.'' in List of post-nominal letters (United Kingdom), post-nominals; ) is a public university, public research university in Aberdeen, Scotland. It was founded in 1495 when William Elphinstone, Bis ...

where he gained a L.L.B in 1979. He then undertook a post graduate Accountancy qualification at the

University of Glasgow The University of Glasgow (abbreviated as ''Glas.'' in Post-nominal letters, post-nominals; ) is a Public university, public research university in Glasgow, Scotland. Founded by papal bull in , it is the List of oldest universities in continuous ...

obtaining his Dip.Acc in 1980. He went on to qualify as a Chartered Accountant with

Ernst and Young EY, previously known as Ernst & Young, is a multinational professional services network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms. The EY network is composed of member firms ...

before moving into the corporate sector.

Career history

In 1988, Pettigrew joined Sedgwick Group plc, a member of the

FTSE 100 The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most market capitalisation, highly capitalised ...

, 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 NEX Group plc, formerly known as ICAP plc, is a UK-based business focused on electronic financial markets and post trade business for other financial institutions rather than private individuals. They are known as an inter-broker dealer. The ...

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

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

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

* Chairman of RBC Global Asset Management UK Ltd He previously held positions on the boards of: *Chairman of BlueBay Asset Management (Services) Ltd and BlueBay Asset Management LLP (members of the RBC Group) *Chairman o
Dundee Heritage Trust
*Chairman of

*Chairman of Miton Group PLC *Chairman of

*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 plc 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 ...

(2010-2016) * CMC Markets plc (2005-2007), *

Hermes Hermes (; ) is an Olympian deity in ancient Greek religion and mythology considered the herald of the gods. He is also widely considered the protector of human heralds, travelers, thieves, merchants, and orators. He is able to move quic ...

(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 (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024. The Virgin Money (brand), Virgin Money brand was founded by Richard Branson in ...

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

Virgin Money UK Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024. The Virgin Money (brand), Virgin Money brand was founded by Richard Branson in ...

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

CYBG Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024. The Virgin Money brand was founded by Richard Branson in March 1995. It was or ...

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