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Royal Bank of Scotland Group PLC (RBS.L)

RBS.L on London Stock Exchange

274.20GBp
20 Apr 2018
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Summary

Name Age Since Current Position

Howard Davies

66 2015 Non-Executive Chairman of the Board

Ross McEwan

60 2013 Chief Executive, Executive Director

Ewen Stevenson

51 2014 Chief Financial Officer, Executive Director

Chris Marks

2016 Chief Executive Officer - NatWest Markets

Les Matheson

57 2014 Chief Executive Officer - Personal & Business Banking

Alison Rose

Chief Executive Officer - Commercial & Private Banking

Mark Bailie

2016 Chief Operating Officer

Helen Cook

2017 Chief Human Resource Officer

Simon McNamara

57 2013 Group Chief Administrative Officer

David Wheldon

2015 Chief Marketing Officer

David Stephen

50 2013 Group Chief Risk Officer

Aileen Taylor

44 2010 Chief Governance Officer, Board Counsel and Company Secretary

Frank Dangeard

60 2016 Non-Executive Independent Director

Alison Davis

56 2011 Non-Executive Independent Director

Morten Friis

64 2014 Non-Executive Independent Director

Robert Gillespie

62 2013 Independent Non-Executive Director

Penelope Hughes

59 2010 Independent Non-Executive Director

Yasmin Jetha

64 2017 Non-Executive Independent Director

Brendan Nelson

67 2010 Independent Non-Executive Director

Sheila Noakes

68 2011 Independent Non-Executive Director

Mike Rogers

53 2016 Independent Non-Executive Director

Mark Seligman

60 2018 Senior Non-Executive Independent Director

Lena Wilson

2018 Non-Executive Independent Director

Matthew Waymark

2017 Head of Investor Relations

Biographies

Name Description

Howard Davies

Sir Howard John Davies is Non-Executive Chairman of the Board of The Royal Bank of Scotland Group PLC., effective 1 September 2015. Howard was Deputy Governor of the Bank of England from 1995 to 1997 and Chairman of the UK Financial Services Authority from 1997 to 2003. Howard was Director of the London School of Economics and Political Science from 2003 until May 2011. He is also Professor of Practice at the Paris Institute of Political Science (Sciences Po). Howard was chair of the UK Airports Commission between 2012 and 2015 and is also the author of several books on financial subjects. He served as Independent director of Prudential plc and chair of the Risk Committee Member of the Regulatory and Compliance Advisory Board of Millennium Management LLC, Chair of the International Advisory Council of the China Securities Regulatory Commission, Member of the International Advisory Council of the China Banking Regulatory Commission.

Ross McEwan

Mr. Ross Maxwell McEwan is Chief Executive, Executive Director of Royal Bank of Scotland Group PLC., since October 1, 2013. Ross became Chief Executive of The Royal Bank of Scotland Group in October 2013. Between August 2012 and September 2013, he was Chief Executive Officer for UK Retail, joining from Commonwealth Bank of Australia where he was Group Executive for Retail Banking Services for five years. Prior to this he was Executive General Manager with responsibility for the branch network, contact centres and third party mortgage brokers. Ross has more than 25 years experience in the finance, insurance and investment industries. Prior to Commonwealth Bank of Australia, he was Managing Director of First NZ Capital Securities. He was also Chief Executive of National Mutual Life Association of Australasia Ltd/AXA New Zealand Ltd.

Ewen Stevenson

Mr. Ewen Stevenson is Chief Financial Officer, Executive Director of the Company., since May 19, 2014. Prior to his current role, Ewen was at Credit Suisse for 25 years where he was latterly co-Head of the EMEA Investment Banking Division and co-Head of the Global Financial Institutions Group. He has over 20 years of experience advising the banking sector while at Credit Suisse. Ewen has a Bachelor of Commerce and Administration majoring in Accountancy and a Bachelor of Law from Victoria University of Wellington, New Zealand.

Chris Marks

Mr. Chris Marks is Chief Executive Officer - NatWest Markets of the Company. Chris joined the Executive Committee of RBS in April 2015. He was appointed CEO of Corporate & Institutional Banking in February 2015 overseeing its refocus to be a smaller, safer business. NatWest Markets provides financing and risk management to large corporates and financial institution customers in the UK and Western Europe and supports them with a global trading and distribution platform. Chris has been with RBS since 2010, when he joined Non-Core as Head of Markets and Co-Head of Non-Core Solutions. He oversaw large transactions including the de-risking of the exotic credit trading book, the removal of the majority of RBS’s primary monoline exposure and the sale of multiple corporate banking portfolios. Chris was then appointed Co-CEO of RBS Capital Resolution (RCR). RCR successfully ran down RBS’s most risky and capital intensive assets. Prior to RBS, Chris was a managing director at Barclays Capital and also held roles at Kensington Group, Greenwich NatWest and Coopers & Lybrand.

Les Matheson

Mr. Les Matheson is Chief Executive Officer - Personal & Business Banking of the Company. He joined RBS in January 2010 as Managing Director of Products, assuming additional responsibility for Marketing in October 2011. Before joining RBS, Les was Group Executive for Retail at St George Bank, part of the Westpac Group of companies. He also spent 11 years with Citigroup, as CEO, Citibank Australia and Citigroup County Officer for Australia, sitting on the Citigroup Global Management Committee. Les began his career with Procter & Gamble in Brand Management in the UK and has worked for a number of consumer marketing companies. He is a member of the Board of Visa Europe and the Edinburgh University Court. During the course of his career he has lived and worked in the UK, Switzerland, Argentina, Japan, Singapore, Australia and Belgium.

Alison Rose

Ms. Alison Rose is Chief Executive Officer - Commercial & Private Banking of the Company. She is the Chief Executive of the Royal Bank of Scotland’s Corporate, Commercial & Private Banking business and joined the Coutts Board on 1 October 2015. She is a member of the RBS Executive Committee, leading over 16,000 people and accountable for market-leading brands such as Coutts and Lombard. She has worked at RBS for over 20 years. Prior to her current role, she was Head of Europe, Middle East and Africa, Markets & International Banking. Previous roles with RBS also include Head of EMEA Corporate Coverage & Client Management, Head of Non–investment Grade Origination and Head of Leveraged Finance for the UK and Europe. Previously shortlisted for the 'most influential woman in investment banking' award by Financial News, Alison is a passionate supporter of diversity and is executive sponsor for the bank’s employee-led networks. She also champions RBS’s partnership with Entrepreneurial Spark, an innovative initiative that is supporting start-up businesses across the UK.

Mark Bailie

Mr. Mark Bailie is Chief Operating Officer of the Company. In 2010 Mark returned to RBS as Head of Non-Core Solutions, where he led a number of key transactions such as the disposal of RBS Aviation Capital $7.3bn and Isobel Real Estate Fund with Blackstone £1.3bn. Mark then worked with HMT on the bad bank review which led to the creation of RBS Capital Resolution (RCR) and his subsequent appointment as Co-CEO RCR. In February 2015 Mark was appointed CEO of Capital Resolution, then joined the Executive Committee of RBS. By the end of that year, RCR had successfully run down c£34bn of RBS's higher risk and capital intensive assets, meeting the PRA target of an 85% asset reduction, a year ahead of plan. In April 2016 Mark was appointed Chief Operating Officer holding responsibility for operations, payments business, shared services, bankwide simplification and the controls across bankwide services. He retains responsibility for concluding the run-down of non-core assets in Capital Resolution. Before re-joining RBS, Mark was Head of Barclays Capital’s Principal Investments unit, leading transactions in the UK, US and South Africa. Mark joined BarCap from RBS Equity Finance where he led investments such as Canary Wharf and Towergate. Mark is a qualified chartered accountant and worked in PwC Corporate Finance and Cooper & Lybrand audit before RBS Equity Finance.

Helen Cook

Ms. Helen Cook is Chief Human Resource Officer of the Company. With over 23 years’ experience in Financial Services, Helen’s career spans specialist HR roles in reward, resourcing & shared services as well as business facing roles in Retail, Corporate & Investment Banking (Corporate Finance, Trading, Asset Management). On leaving University Helen worked for a humanitarian organization in the former Yugoslavia before joining Morgan Grenfell (later Deutsche Bank) on a Graduate programme. During her 6 years at Deutsche Bank she fulfilled a number of roles in the UK, France, US and Germany before moving to Morgan Stanley where she worked in Sales Trading and Research for the EMEA region. Helen joined RBS in 2001 as HR Director for Group Functions and over the past 15 years has held a number of senior positions across the Bank including HR Director for Retail Direct & Head of HR for UK Retail Banking, Head of OE for RWU, HR Director Corporate Banking, HR Director Commercial & Private Banking and more recently HR Director for Corporate and Institutional Banking where she oversaw a substantial restructuring of the business, reducing CIB’s geographical footprint from 38 to 4 Countries. In early 2016 Helen took up her current role and has responsibility for Reward, Culture, Organization Design, Talent, Inclusion, Senior Recruitment and People Strategy & Insight. A Bachelor of Education (Hons) specializing in Geography from Cambridge University, Helen is also a member of the Chartered Institute of Personnel and Development.

Simon McNamara

Mr. Simon McNamara is Group Chief Administrative Officer of RBS Group. Prior to joining RBS Simon was Chief Information Officer (CIO) of Standard Chartered Bank Consumer Bank in August 2008 based in Singapore. Simon was responsible for developing and implementing the Group Technology and Operations strategy which supports the Consumer Bank’s strategy. Simon has held a number of senior Information Technology and Operations positions in the global financial services industry; Westpac Banking Corporation in Sydney (CIO), Deutsche Bank, BNP Paribas, and Midland Bank. He was also a founding partner in a successful software start-up company, CATS INC, in Silicon Valley. Simon holds a Bachelor of Science (Hons) in Economics and Statistics from University College Swansea and a Post Graduate Diploma in Computer Science from the University of Hertfordshire. He has also completed the Executive Programme at Stanford University.

David Wheldon

Mr. David Wheldon is Chief Marketing Officer of the Company. David has held senior positions on both sides of the marketing fence. Starting at Saatchi & Saatchi as a graduate trainee he rose to be a Group Account Director, after a brief tenure as managing partner at WCRS he then went on to be the Managing Director of Lowe Howard-Spink in London. He was recruited to the role of Global Director and VP of Advertising for the Coca-Cola Company based in Atlanta. David then returned to the agency world as President of BBDO Europe and then joined Tempus as a main board director and CEO of Tempus Partners, when Tempus were purchased by WPP David set up Team Vodafone for WPP. He joined Vodafone in mid 2004 as Global Director of Brand and Marketing Communications and was promoted to Global Brand Director in 2005 and became the CEO of VIML (Vodafone Ireland Marketing LTD) in January 2008 based in Dublin. David left Vodafone in September 2010 returning to live and work in London. He joined Barclays in January 2012 as Managing Director of Brand, Reputation and Citizenship. He was appointed as Chief Marketing Officer of RBS in July 2015. David became President of the World Federation of Advertisers in March 2015. He is a fellow of the Marketing Society and a council member of the MGGB and a Non Executive Director of Brandtone.

David Stephen

Mr. David Stephen is the Group Chief Risk Officer of the Company., since October 1, 2013. He is a member of the Executive Committee and attends and chairs a number of the firm's governance fora. David is responsible for the firm wide risk management of credit, market and operational risk across the bank plus risk appetite, risk frameworks and the risk and conduct strategy of RBS. David joined RBS in 2010. David has worked for both full service and investment banks in the UK, USA, Hong Kong and Australia.

Aileen Taylor

Ms. Aileen Taylor is Chief Governance Officer, Board Counsel and Company Secretary of Royal Bank of Scotland Group Plc., since May 1, 2010. qualified solicitor, Aileen joined RBS in 2000. She was appointed Deputy Group Secretary and Head of Group Secretariat in 2007, and prior to that held various legal, secretariat and risk roles including Head of External Risk (Retail), Head of Regulatory Risk (Retail Direct) and Head of Legal and Compliance (Direct Line Financial Services). Aileen is a fellow of the Chartered Institute of Bankers in Scotland and a member of the European Corporate Governance Council. She is also a member of the FCA’s Listing Authority Advisory Panel.

Frank Dangeard

Mr. Frank E. Dangeard is Non-Executive Independent Director of the Company. Previously, Frank served as a nonexecutive director of Crédit Agricole CIB, EDF, Home Credit, Orange, Sonaecom SGPS, and as Deputy Chairman and acting Chairman of Telenor ASA. During his executive career he held various roles at Thomson S.A., including Chairman and Chief Executive Officer, and was Deputy Chief Executive Officer of France Telecom. Prior to that he was Chairman of SG Warburg France and a Managing Director of SG Warburg. Frank is a graduate of HEC and IEP in Paris and of the Harvard Law School in the US. He served as Non-executive director of the RPX Corporation, Non-executive director of Symantec Corporation.

Alison Davis

Ms. Alison Davis is an Non-Executive Independent Director of Royal Bank of Scotland Group PLC., since August 1, 2011. Previously, Alison served as a director of City National Bank, First Data Corporation, Xoom, Presidio Bank, Diamond foods and a non-executive director and chair of the board of LECG Corporation. She has also worked at McKinsey & Company, AT Kearney, as Chief Financial Officer at Barclays Global Investors (now BlackRock) and as managing partner of Belvedere Capital, a private equity firm focused on buy-outs in the financial services sector. Alison is a graduate of Cambridge University and Stanford Business School. She served as Non-executive director and member of the audit and compensation committees of Unisys Corporation, Non-executive director, and member of the audit committee of Fiserv Inc, Non-executive director and chair of the audit committee of Ooma Inc.

Morten Friis

Mr. Morten N. Friis is an Non-Executive Independent Director of the Company, since April 10, 2014. Previously, Morten had a 34 year financial services career and held various roles at Royal Bank of Canada and its subsidiaries including Associate Director at Orion Royal Bank, Vice President, Business Banking and Vice President, Financial Institutions. In 1997, he was appointed as Senior Vice President, Group Risk Management and served as the Chief Credit Officer then Chief Risk Officer from 2004 to 2014. He was also previously a Director of RBC Bank (USA), Westbury Life Insurance Company, RBC Life Insurance Company and of RBC Dexia Investor Services Trust Company. He served as Member of the Board of Directors of The Canadian Institute for Advanced Research, Member of the Board of Directors of the Harvard Business School Club of Toronto, Non-executive director of Jackson National Life Insurance Company.

Robert Gillespie

Mr. Robert Andrew Joseph Gillespie is an Independent Non-Executive Director of the Company., since December 2, 2013. Robert began his career with Price Waterhouse (now PricewaterhouseCoopers) where he qualified as a chartered accountant. He then moved into banking joining SG Warburg, specialising in corporate finance, and was appointed as Co-Head and Managing Director of its US investment banking business in 1989. Following the acquisition in 1995 of Warburg by Swiss Bank Corporation (which subsequently merged with UBS), he then held the roles of Head of UK Corporate Finance, Head of European Corporate Finance and Co-Head of its global business and CEO of the EMEA region. He relinquished his management roles at the end of 2005, and was appointed Vice Chairman of UBS Investment Bank. Robert left UBS to join Evercore Partners, from where he was seconded to the UK Panel on Takeovers and Mergers, as Director General, from 2010 to 2013. He served as Independent board director at Ashurst LLP, Chairman of Council at the University of Durham, Chairman of the Boat Race Company Limited, Director of Social Finance Limited.

Penelope Hughes

Ms. Penelope L. Hughes is an Independent Non-Executive Director of Royal Bank of Scotland Group Plc., since January 1, 2010. Previously a non-executive director and chairman of the corporate compliance and responsibility committee of Wm Morrison Supermarkets plc. Other former non-executive directorships include Skandinaviska Enskilda Banken AB, Home Retail Group plc, Vodafone Group plc, Reuters Group PLC, Cable & Wireless Worldwide plc and The Gap Inc. Penny spent the majority of her executive career at Coca-Cola where she held a number of leadership positions, latterly as President, Coca-Cola Great Britain and Ireland. She served as Non-executive Chairman of The Gym Group plc. Also chair of the nominations and member of the audit, risk and remuneration committees, Non-executive director, chairman of the remuneration committee and member of the audit and nomination committees of Superdry plc, Non-executive Chairman of IQSA Group Limited.

Yasmin Jetha

Dr. Yasmin Jetha is Non-Executive Independent Director of the Company. Previously a non-executive director designate of Williams & Glyn. During her executive career, Yasmin held Chief Information Officer roles at Bupa and the Financial Times, where she became the Chief Operating Officer. She previously had a career spanning nearly 20 years at Abbey National PLC, latterly serving as an Executive Director on the board. She served as Non-executive director of Guardian Media Group plc, Non-executive director of Nation Media Group (East Africa), Independent panel member of the Cabinet Office Major Projects Review Group.

Brendan Nelson

Mr. Brendan R. Nelson is an Independent Non-Executive Director of Royal Bank of Scotland Group Plc., since April 1, 2010. Brendan was global Chairman, financial services for KPMG. He previously held senior leadership roles within KPMG including as a member of the KPMG UK board from 1999 to 2006 and as vice-Chairman from 2006 until his retirement in 2010. He was Chairman of the Audit Committee of the Institute of Chartered Accountants of Scotland from 2005 to 2008. President of the Institute of Chartered Accountants of Scotland 2013/14. He served as Non-executive director and Chairman of the audit committee and member of the remuneration and chairman’s committees of BP plc, Member of the Financial Reporting Review Panel.

Sheila Noakes

Brnss. Sheila Noakes is an Independent Non-Executive Director of Royal Bank of Scotland Group Plc., since August 1, 2011. She is an experienced director on UK listed company boards with extensive and varied political and public sector experience. A qualified chartered accountant, she previously headed KPMG’s European and International Government practices and has been President of the Institute of Chartered Accountants in England and Wales. She was appointed to the House of Lords in 2000 and has served on the Conservative front bench in various roles including as shadow treasury minister between 2003 and May 2010. Previously held non-executive roles on the Court of the Bank of England, Hanson, ICI, Severn Trent, Carpetright, John Laing and SThree. She served as Deputy Chairman, Ofcom.

Mike Rogers

Mr. Mike Rogers is an Independent Non-Executive Director of the Company. Mike has extensive experience in retail banking and financial services. Mike joined Barclays in 1986 where he undertook a variety of roles in the UK and overseas across business banking, wealth management and retail banking. Mike was Managing Director of Small Business, Premier Banking and UK Retail Banking and was latterly Chief Executive of Liverpool Victoria Group for 10 years. He served as Non-executive Chairman of Aegon UK, Director of Experian plc and Chairman designate of its Remuneration Committee.

Mark Seligman

Mr. Mark Seligman has been appointed as Senior Non-Executive Independent Director of the Company, since 1 January 2018. Mark, is a former senior investment banker with broad financial services knowledge, has substantial FTSE 100 Board experience gained in various industry sectors, including as a Committee Chair and Senior Independent Director. During his executive career, he held various senior roles at Credit Suisse/BZW (including Deputy Chairman, CSFB Europe and Chairman, UK Investment Banking, CSFB); and previously SG Warburg (ultimately as Managing Director, Head of Advisory). He has also previously served as a nonexecutive Director of BG Group plc and as Deputy Chairman of G4S plc. He served as Senior Independent Director of Kingfisher plc, Non-Executive Director and chairman of the audit committee of Smiths Group plc.

Lena Wilson

Dr. Lena C. Wilson, CBE, is Non-Executive Independent Director of the Company., since 1 January 2018. Lena is an experienced CEO with an international career, who spent a significant proportion of her executive career with Scottish Enterprise, latterly as Chief Executive from 2009 until 2017. Prior to that, Lena held the role of Senior Investment Advisor to The World Bank in Washington DC. Dr Wilson is a visiting Professor at the University of Strathclyde and has previously served as a member of Scotland's Financial Services Advisory Board and as Chair of Scotland's Energy Jobs Taskforce. In June 2015 she received a CBE for services to economic development in Scotland. She served as Non-Executive Director of Intertek Group plc, and member of its audit and nomination committees, Non-Executive Director of Scottish Power Renewables Limited.

Matthew Waymark

Mr. Matthew Waymark is Head of Investor Relations of the Company. He joined RBS in Edinburgh in 2003 and has held a number of positions across the finance function, including Head of Financial Planning & Analysis from 2015. In March 2017, Matt joined the Investor Relations team as Head of Investor Relations. Prior to joining RBS, Matt graduated from the London School of Economics, trained as a Chartered Accountant with Deloitte and worked for Johnson Matthey Plc in London.