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NatWest CEO Dame Alison Rose quits
Overnight, the boss of NatWest has quit the company after admitting a “serious error of judgement” over the handling of the storm around the closure of Nigel Farage’s bank account.
Rose yesterday apologised after she admitted discussing the closure of Frage’s account at NatWest’s private banking arm Coutts with BBC business journalist Simon Jack.
Rose said: “I recognise that I left Mr Jack with the impression that the decision to close Mr Farage’s accounts was solely a commercial one,” she said.
“I was wrong to respond to any question raised by the BBC about this case. I want to extend my sincere apologies to Mr Farage for the personal hurt this has caused him and I have written to him today.”
NatWest Group chairman Sir Howard Davies said: “The Board and Alison Rose have agreed, by mutual consent, that she will step down as CEO of the NatWest Group. It is a sad moment.
“She has dedicated all her working life so far to NatWest and will leave many colleagues who respect and admire her.”
One of Dame Alison’s first big decisions was to ditch the name RBS Group in favour of NatWest Group (Dominic Lipinski/PA)
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