BCN-27 Royal Bank of Scotland says CEO resigns

298

ZCZC

BCN-27

BRITAIN-BANKING-EXECUTIVE-BUSINESS-RBS

Royal Bank of Scotland says CEO resigns

LONDON, April 25, 2019 (BSS/AFP) – Britain’s bailed-out Royal Bank of
Scotland said Thursday that chief executive Ross McEwan has resigned after
steering it to a “stronger” financial position over the last five years.

“RBS announces that Ross McEwan has resigned from his role as chief
executive officer and executive director,” read a statement from the
Edinburgh-based giant, which was saved at the height of the 2008 global
financial crisis by the UK government. The bank is due to post first-quarter
results on Friday.

BSS/AFP/HR/1248