quarta-feira, 26 de julho de 2023

Nigel Farage calls for more leaders to go after NatWest boss resigns

 


From 2h ago

07.17 BST

https://www.theguardian.com/business/live/2023/jul/26/nigel-farage-natwest-rbs-alison-rose-resigns-chief-executive-coutts-bank-government-gb-news-business-live

 

Nigel Farage calls for more leaders to go after NatWest boss resigns

 

Good morning, and welcome to our live coverage of business, economics and financial markets.

 

Nigel Farage has called for more people to resign from NatWest Group following the dramatic resignation of its chief executive, Alison Rose, amid a row over his account at the Coutts private banking subsidiary.

 

Rose resigned as chief executive of NatWest Group, the FTSE 100 bank, early on Wednesday morning after admitting to sharing information about Nigel Farage’s bank account to the BBC.

 

The board of the partly state-owned bank, which was formerly known as Royal Bank of Scotland, met late on Tuesday night to discuss her future, after having said she had the full confidence of the board earlier that day.

 

In a statement released on Wednesday morning, the NatWest Group chairman, Sir Howard Davies, said:

 

The board and Alison Rose have agreed, by mutual consent, that she will step down as CEO of the NatWest Group. It is a sad moment.

 

She has dedicated all her working life so far to NatWest and will leave many colleagues who respect and admire her.

 

In a statement of her own, Rose thanked her colleagues “for all that they have done”, adding:

 

I remain immensely proud of the progress the bank has made in supporting people, families and business across the UK, and building the foundations for sustainable growth.

 

NatWest’s board of directors also announced that Paul Thwaite, the chief executive for commercial and institutional business, would take over Rose’s responsibilities for an initial period of 12 months, pending regulatory approval. The board said in a statement that appointment of a permanent successor would take place “in due course”.

 

We will have all of the reaction to the news throughout the day.

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