The Royal Bank of Scotland Group plc ("RBS") announces today that with effect from 1 January 2018:-
Sir Sandy Crombie will step down as a non-executive director of RBS, and as Senior Independent Director and Chairman of the Group Performance & Remuneration Committee;
Robert Gillespie will assume the role of Chairman of the Group Performance & Remuneration Committee;
Mark Seligman will assume the role of Senior Independent Director and will be appointed as a member of the Group Performance & Remuneration Committee; and
Dr Lena Wilson, CBE will be appointed as a non-executive director of RBS.
Howard Davies, Chairman of RBS, said:
"Sandy Crombie has made an outstanding contribution to the Board of RBS and we have benefitted greatly from his wisdom and experience. The Board and I will miss Sandy’s presence as a much valued colleague and friend, and he leaves RBS with our very best wishes for the future.
I am delighted that Robert Gillespie will be building on Sandy’s excellent work as Chairman of the Group Performance & Remuneration Committee, and that Mark Seligman is assuming the pivotal role of Senior Independent Director. Robert and Mark are both ideally suited to these positions, and I know they will have much to contribute. Mark will also join the Group Performance & Remuneration Committee.
Finally, we are very pleased to welcome Dr Lena Wilson as a non-executive director. With her strong public sector and commercial background, I am confident that Lena’s appointment will further strengthen the RBS Board’s composition and we look forward to welcoming her to the Board.”
Lena Wilson has been a non-executive director and member of the audit committee of Intertek Group plc since 2012.
There are no other matters requiring disclosure under Listing Rule 9.6.13.