Paul Thwaite

Group Chief Executive Officer

Date of appointment: 
25 July 2023 (for an initial 12-month period)

Contribution to the Board:

An experienced leader of NatWest’s Commercial & Institutional franchise and Payments business, Paul was appointed Group CEO in July 2023. He brings a customer focus to the Board, as well as expertise in balance sheet management, transformation and risk and controls.

Paul was central to the formulation and execution of the Group’s strategy reviews in both 2014 and 2019, giving him a strong, enterprise-wide view. He has led the development and delivery of industry-leading initiatives on Climate and support for SMEs, including the coordination of the Group’s business support during the Covid pandemic.

In addition, Paul has played an active role in NatWest’s diversity, equality and inclusion agenda, sponsoring and progressing a number of targeted programmes including the Group’s Junior Management Team and Multicultural Network.

Relevant experience:

Paul has a track record of success in senior global roles within Wholesale, Corporate, International, Risk and Retail Banking, based across the UK, Europe and US. Most recently he was Chief Executive Officer of NatWest’s Commercial & Institutional franchise between July 2022 and July 2023, having previously led the Group’s Commercial Banking division as CEO since November 2019. As part of his most recent role, Paul also led the Group’s Payments business.

External appointments:

  • Non-executive director of Pollinate Networks Limited