30 MAY 1992, Page 22

... Yorksh i re ' s pigeon

GOOD management is scarce enough in banks, but size does not have to go with it. Witness the Yorkshire, which but for infla- tion would still be called the Yorkshire Penny Bank. The Third World, to this admirable bank's mind, is south of the Trent. There may also be a second world, west of the Pennines. Sticking to what it knows has kept Yorkshire out of many troubles familiar to its Big Four competi- tors, and helped it to outdo them for year after year. Now Graham Sunderland, York- shire's single-minded chief executive, is hanging up his flat hat. I once urged Mr Sunderland to sponsor a race at York, thinking (though not saying) that this would make for a nice day out. He turned it down out of hand. 'It is not the policy of this bank,' he decreed, 'to sponsor any race for which pigeons are not eligible.'