Today’s interview with Ian Smith, CFO of CYBG, reveals the ambition of the bank to challenge the big banking groups that dominate the sector.

Smith is using his previous experience as an M&A adviser to financial institutions to drive through the acquisition of Virgin Money as part of that growth initiative.

But it’s no headlong rush. As a former auditor to RBS in its fast growth phase that led to disaster, and deputy CFO of HBOS and Lloyds Banking Group, he knows a thing or two about how things can go horribly wrong, so his approach has been meticulous.

His take on the RBS era under ‘Fred the Shred’- now a byword for corporate hubris, forms part of a section this week devoted to the global financial crisis (GFC) on the 10th anniversary of the collapse of Lehman Brothers.

Many of our leading FDs will reflect on where they were a decade ago and how the GFC has shaped the corporate and financial landscape since. It will be a compelling read.