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Who's next for the NatWest hot seat after Rose's departure

Published 27/07/2023, 11:13
© Reuters.  Who's next for the NatWest hot seat after Rose's departure

Proactive Investors - As the dust settles on the departure of Dame Alison Rose from NatWest Group PLC (LON:NWG) attention has switched to who could fill her shoes.

There are a number of names doing the rounds including Paul Thwaite who has been named interim boss “for an initial period of 12 months” while the board decided on a permanent successor to Rose.

Like Rose, Thwaite is a veteran of the group, who joined in 1997 and rose through its ranks.

Katie Murray is another tipped for the hot seat. She was elevated to the job of chief financial officer in January 2019 and will be well known investors given her role as chief number cruncher.

Could Ewen Stevenson make a return to the City. He was the well respected head of finance at HSBC (LON:HSBA) until he left last year.

Joe Garner, the former boss of Nationwide, is another possible external candidate.

He has had a varied career, which included running BT’s Openreach division, a decade at HSBC and stints at Procter & Gamble and Dixons Carphone (LON:CURY).

Read more on Proactive Investors UK

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