STATE-backed AIB has appointed Jim Pettigrew as a non-executive director and chair of its board. It follows a selection process which was led by senior independent director Carolan Lennon. Mr. Pettigrew has over 30 years' experience in UK and international financial services leadership in public, listed and private companies, including at board level, as chief executive and as chair. He was previously chair of Scottish Financial Services, the trade body for financial services in the country. He recently retired as chair of Virgin Money and CYBG (Clydesdale Bank), the British challenger bank headed by former AIB CEO David Duffy, where he oversaw its demerger from National Australia Bank, IPO and acquisition of Virgin Money. In addition, Mr. Pettigrew has built non-executive experience over the past 10 years across retail, wholesale and investment banking, asset and wealth management and the insurance sectors, according to a statement from AIB. He is currently chair of Blue- Bay Asset Management, chair of Dundee Heritage Trust and chair of Scottish Ballet.