Board Change

RNS Number : 6996V

Royal Bank of Scotland Group PLC

30 October 2014

 



30 October 2014

The Royal Bank of Scotland Group plc 

Board change

The Royal Bank of Scotland Group plc ("RBS") announces today that, further to its announcement on 27 February 2014, Philip Scott steps down as a Non-executive Director on 31 October 2014.

Philip Hampton, Chairman of the Group, said:

"I would like to thank Philip for his contribution to the Board, having served five years during what has been a period of enormous change. We have benefited greatly from his knowledge and experience and I am particularly grateful to Philip for providing valuable continuity to the Board and Committees, particularly as Chair of the Group Risk Committee. He leaves with our thanks and good wishes for the future."

In accordance with section 430(2B) of the Companies Act 2006, RBS confirms that Philip Scott will receive payment of fees for service up to 31 October 2014 but no other remuneration payment or payment for loss of office will be made in connection with his departure.

For further information contact:

RBS Media Centre                                       [phone]

 

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