Royal Bank of Scotland chief Alison Rose reveals top team at NatWest Markets
Begbie has been chief executive of NatWest Markets on an interim basis since 19 December.
King – former chief executive of MUFG Securities EMEA – will join the NatWest Markets board as executive director and will start his new role over the course of this summer, RBS said. He will replace interim chief financial officer Robert Horrocks.
The Edinburgh-headquartered bank also announced that Donal Quaid, interim group treasurer since December 2019, had been appointed group treasurer.
Alison Rose, chief executive of RBS, said: “We’re very pleased to make these appointments. When I took over as CEO, re-focusing NatWest Markets was one of my top priorities, and our work here is well underway to deliver against the strategy set out in February.
“These appointments will allow us to continue the transformation and refocusing process across NatWest Markets that we announced in February and establish a business that delivers even greater benefits for our bank and our customers. NatWest Markets plays a crucial role within the group.”
Begbie added: “NatWest Markets has an important role within the group. We have made considerable progress in refocusing the business following the strategic announcement in February and we will continue to build upon this.”
A message from the Editor:
Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.
With the coronavirus lockdown having a major impact on many of our advertisers - and consequently the revenue we receive - we are more reliant than ever on you taking out a digital subscription.
Subscribe to scotsman.com and enjoy unlimited access to Scottish news and information online and on our app. With a digital subscription, you can read more than 5 articles, see fewer ads, enjoy faster load times, and get access to exclusive newsletters and content. Visit https://www.scotsman.com/subscriptions now to sign up.
Our journalism costs money and we rely on advertising, print and digital revenues to help to support them. By supporting us, we are able to support you in providing trusted, fact-checked content for this website.