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Executive profiles

Executive leadership team

David Duffy, Chief Executive Officer

David joined the business in June 2015 as CEO. David has held a number of senior roles in the international banking industry including, most recently, the position of Chief Executive Officer of Allied Irish Banks. David was also previously Chief Executive Officer of Standard Bank International covering Asia, Latin America, the UK and Europe. He was also previously Head of Global Wholesale Banking Network of ING Group and President and Chief Executive Officer of the ING franchises in the US and Latin America. Prior to that, he worked with Goldman Sachs International in various senior positions including Head of Human Resources Europe.

Fraser Ingram, Interim Group Chief Operating Officer

Fraser is the Interim Group Chief Operating Officer. Prior to this he was Chief Information Officer (CIO), Innovation & Change Director for CYBG (Clydesdale & Yorkshire Bank Group).  His responsibilities included IT, Procurement, Information & Cyber Security and driving the digital and technology transformation of the Bank.  Before joining CYBG, his most recent roles included Chief Operating Officer of Kleinwort Benson in London and CIO of Citizens Bank in the USA.

Fraser has a wide range of experience across businesses, functions and geographies - including business transformation, IT, and change management.

A Fellow of the Chartered Institute of Bankers, Fraser also gained an MBA from Aston Business School.  In addition, he is a founder and Trustee of CUDECA, the first independent hospice in Spain, which he has supported since 1992.

Ian Smith, Group Chief Financial Officer

Ian joined us on 1 November 2014, and serves on the Executive Leadership Team, reporting to our Chief Executive, David Duffy. Ian has over 20 years’ experience in finance, audit and consultancy across the UK banking sector. He joined the business from Deloitte, where he was a partner specialising in financial services for a combined total of 13 years. Ian also held senior finance roles in HBOS plc and Lloyds Banking Group plc between 2008 and 2010.

Kate Guthrie, Group Human Resources Director

Kate joined the business as Group Human Resources Director in January 2016, with responsibility for developing and leading HR strategy. Kate has over 30 years of domestic and international HR experience, having worked in six different blue chip organisations in four industrial sectors. Most recently, she spent more than a decade with Lloyds Banking Group, where she was latterly the HR Director responsible for leading the Group’s Culture, Capability and Engagement.

Fergus Murphy, Group Customer Value Director

Fergus joined the group as Products Director in January 2016 and became Group Customer Value Director in March 2017. He is responsible for the delivery of our product suite including pricing, liability strategy and capital allocations.

Fergus has 20 years of experience in financial services gained from Allied Irish Banks (AIB) where he held a number of key roles including Director of Products & Capital Markets and, most recently, Director of Corporate and Institutional Banking. He has also held a number of senior positions across Europe and Asia including roles as CEO and Managing Director of EBS Building Society and the CEO of Asia Region for Rabobank International.

Gavin Opperman, Group Customer Banking Director

Gavin joined the group in 2015 as Group Customer Banking Director, with responsibility for Retail and Business & Private Banking. Gavin has over 30 years of leadership experience in risk, operations and across frontline digital, retail, commercial, corporate and investment banking services. Gavin was previously Regional Head of Consumer Banking, Standard Chartered based in China, and prior to that held a number of senior positions across Asia in a career spanning 20 years with Barclays Group.

Helen Page, Group Innovation and Marketing Director

Helen joined the business in December 2012, and has over 20 years’ experience in marketing, consultancy and customer propositions. Almost fifteen of those years have been spent in financial services. Prior to joining us, Helen spent 8 years at RBS in a number of roles. She became Managing Director for Marketing and Customer Experience and held responsibility for all UK brands across the Retail, Commercial and Corporate divisions. During this time, Helen was responsible for developing and delivering “Helpful Banking” for NatWest.

Helen was also Head of Brand Marketing at Argos, where she re launched the catalogue company as a Retailer, and played a key role in driving the business to win ‘Retailer of the Year’. Before Argos, Helen held a number of product and marketing roles at Abbey (now Santander), where she became Head of Marketing. She also has experience in research, consultancy and central government roles.

James Peirson, Group General Counsel

James was appointed as our Group General Counsel in November 2014. Having joined NAB in 2005, his roles there included leading NAB’s London Branch legal team and roles supporting NAB and Clydesdale Bank Treasury activities as part of NAB’s Capital & Funding legal team in Melbourne and London. Before joining NAB, James worked in private legal practice at Hogan Lovells in London.

Mark Thundercliffe, Group Chief Risk Officer

Mark was appointed in September 2016 and has over 28 years of Financial Services experience. He joined us from HSBC where he was Chief Risk Officer responsible for management and oversight of risk for HSBC’s Retail Banking and Wealth Management business in 18 countries across the UK, Europe, the Middle East and Africa.

Mark has also held a number of senior international positions including President and CEO (Asia) with Home Credit in Hong Kong and he was also an Executive Director and Business Head (Russia) with Renaissance Capital in Moscow. With Citigroup he progressed from Chief Risk Officer (UK & Ireland) to become CEO of CitiFinancial (Russia). Prior to Citi, he worked with Associates Capital Corporation, latterly as Executive and Business Head, based in India.

Enda Johnson, Group Corporate Development Director

Enda was appointed to the role in June 2016. He is responsible for leading the strategic planning process across the Bank, and our strategic stakeholder engagement plan - fully aligning this to our cultural transformation and customer / commercial strategies.

Before joining the Bank in 2015, Enda worked at Allied Irish Banks in Dublin, where he joined as Head of Strategy and was appointed to Head of Corporate Affairs / Strategy and the Executive Leadership Team in July 2012. Prior to this, Enda was as a member of the Banking Unit at the Irish National Treasury Management Agency (NTMA), where he worked on the recapitalisation and restructure of Irish banks following the global financial crisis and subsequent programme of financial support for Ireland provided by the IMF, ECB and EU in 2010.

Before joining the NTMA, he worked with Merrill Lynch in New York, London and California, in their investment banking and capital markets divisions focusing on client advisory and equity transactions for global clients on a cross industry basis.

Peter Bole, Integration Director

Peter has over 25 years of experience in financial services. Following roles with Deloitte and Standard Life, Peter joined RBS in 2001 where he held a variety of senior finance roles, latterly in RBS Insurance. In 2009, he joined Tesco Bank where he established the finance function as Chief Financial Officer and played a key role in the leadership of the business as it was migrated from RBS infrastructure. Peter joined Virgin Money in 2016 and became Chief Financial Officer in January 2017. He is a chartered accountant. Peter will have responsibility for leading our integration programme across all functions, leveraging the best talent from CYBG and Virgin Money while minimising disruption to the Combined Group’s operations and customer base.

Hugh Chater, Chair, Executive Committee of Virgin Money

Hugh has over 25 years of experience in financial services. He was an executive founder at MBNA Europe, joining in 1993 from KPMG Management Consulting. At MBNA Hugh held executive roles in HR, Credit Management, Customer Satisfaction and Marketing before becoming Chief Operating Officer and then UK Managing Director. In 2007 Hugh joined RBS Retail to run the consumer credit card business. He subsequently ran the current account, savings, investments and insurance products. Hugh joined Virgin Money in June 2016 with responsibility for commercial performance, customer outcomes and optimising distribution and servicing channels. He will chair the Executive Committee of Virgin Money and support the CEO in overseeing the day-to-day operation of the business.