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In July 2023, Thwaite was appointed interim chief executive of NatWest following the resignation of Alison Rose. [3] On 16 February 2024, Thwaite formally became the permanent chief executive of NatWest. [4] [5] His basic salary will be £1.1 million. [1]
Later that day, Rose resigned as CEO of NatWest Group with immediate effect. [9] [10] On 26 July, Farage called on the whole of the NatWest board to resign. [11] On 27 July, the Coutts chief executive Peter Flavel stepped down with immediate effect. [12] Then-UK Prime Minister Rishi Sunak expressed support for Farage in his dispute with the ...
“Dame Alison Rose’s resignation as NatWest chief executive was no surprise, after she admitted last night that she was the source of the BBC story about why Nigel Farage was dropped as a ...
NatWest chief executive Dame Alison Rose will be the co-chair of a new the Energy Efficiency Taskforce.
Dame Alison Rose’s overnight decision to quit after leaking a story about Nigel Farage’s bank account to the BBC rocked NatWest and the wider banking sector
Rose was the chief executive of commercial and private banking at Royal Bank of Scotland Group and deputy chief executive of NatWest Holdings. [11] [26] In September 2019, it was announced that she would succeed Ross McEwan as CEO of RBS Group on 1 November 2019, making her the "first woman to lead major UK lender". [27]
Peter Flavel is second bank chief to resign over cancellation of ex-Ukip leader's account, as pressure mounts on NatWest chair to go next
The Consumers' Association chief executive, Peter Vicary-Smith, said: "This is a step in the right direction and a victory for consumer pressure." [ 40 ] In November 2009, RBS announced plans to cut 3,700 jobs in addition to 16,000 already planned, while the government increased its stake in the company from 70% to 84%.