McEwan replaces Hester as RBS chief

Royal Bank of Scotland ended uncertainty over its leadership today by confirming that retail boss Ross McEwan will take on one of the “most important and challenging” roles in global banking.

McEwan replaces Hester as RBS chief
Fri, 02 Aug, 2013 - 12:25

Royal Bank of Scotland ended uncertainty over its leadership today by confirming that retail boss Ross McEwan will take on one of the “most important and challenging” roles in global banking.

He will succeed chief executive Stephen Hester on October 1 and will be paid a £1m salary, plus £350,000 in cash each year in lieu of a pension.

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