Paul Thwaite

CEO, Commercial & Institutional ring-fenced bank


Paul Thwaite was appointed Chief Executive Officer of NatWest’s Commercial & Institutional franchise in July 2022, after leading the Group’s Commercial Banking division as CEO since November 2019. He is responsible for the teams within the ring fenced bank that support business customers, ranging from start-ups through to multi-nationals. Alongside his role, Paul is also the executive accountable for the Group’s Payments and Banking-as-a-Service businesses.

Paul has a track record of success in senior business and functional roles across Wholesale, Corporate, International and Retail Banking, and recently led the Group’s response to supporting UK business customers through the Covid pandemic. Prior to this, he held Managing Director and Chief Risk Officer roles in International Banking, based in the UK, Europe and the US. He takes an active role in NatWest’s diversity, equality and inclusion agenda, driving a number of targeted programmes and initiatives across the Group.

Outside the bank Paul holds a number of Financial Services advisory and non-executive roles, and is a member of the Whitehall Industry Group and the UK Government’s Business Finance Council.