New RBS chairman wields axe on seven directors

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New RBS chairman wields axe on seven directors

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02-06-2009, 10:20 AM

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New RBS chairman wields axe on seven directors

RBS’s (RBS) new chairman, Sir Philip Hampton, is to shake-up the bank’s boardroom with the loss of seven non-executive directors.Sir Philip, former Sainsbury’s chief, took over this week after Sir Tom McKillop announced he was to step down two months early. The bank, which is almost 70% owned by the taxpayer, will part ways [...]

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