Royal Bank of Scotland: NatWest Markets CEO, CFO Step Down
December 19 2019 - 03:07AM
Dow Jones News
By Sabela Ojea
Royal Bank of Scotland Group PLC (RBS.LN) said Thursday that
NatWest Markets' Chief Executive Chris Marks and Chief Financial
Officer Richard Place have stepped down from their roles at the
investment arm of the bank.
The majority-state-owned bank said a search for permanent
successors has begun. It added that RBS's Treasury Finance Director
Robert Begbie will work as NatWest Markets' interim chief financial
officer.
The Scottish lender said that Mr. Marks has also stepped down as
chairman, and Mr. Place as a member of NatWest Markets NV's
supervisory board.
Mr. Marks will remain with RBS until June and Mr. Place until
March.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
December 19, 2019 02:52 ET (07:52 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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