Jim Pettigrew to chair Scottish Financial Enterprise
Former ICAS President and chair of Clydesdale Bank Jim Pettigrew CA has been named as the new chair of Scottish Financial Enterprise (SFE).
Jim will be replacing former Lloyds TSB Scotland chair Sir Ewan Brown CBE, who will retire on 1 July after four years in the role.
Sir Ewan said: “I am delighted to be handing over the reins of SFE to someone with the wealth of experience and talent which Jim has to offer. Jim has worked across a range of financial services sectors and the expertise he brings with him will be tremendously valuable to the work of SFE.
“I wish him well and I am confident that under his leadership, the SFE Board, together with chief executive Graeme Jones, will continue to successfully represent and support Scottish financial services.”
Jim has held many senior level positions since qualifying as a CA. Alongside his continued role as chair of CYBG, which owns Clydesdale Bank, Jim is also chair and non-executive director of The Edinburgh Investment Trust, deputy chair and non-executive director of Royal Bank of Canada (Europe) and senior independent non-executive director of Crest Nicholson Holdings Plc, and chair of its remuneration committee.
Speaking about his new role, Jim said it is “an exciting time to be joining SFE” and that he intends to “develop a shared vision which places the industry’s role in society and serving customers, firmly at its centre.”
He went on to say: “The financial services industry is hugely important to Scotland and I feel privileged to have this opportunity to play a part in supporting and promoting the industry.”
Jim's previous roles include: group finance director at ICAP plc, the biggest broker in the world for transactions between financial institutions; chief operating officer at Ashmore Group plc; chief executive at CMC Markets plc and chair of the audit committee at Aberdeen Asset Management.