Published: May 9, 2013
Bank announces several moves across top team.
Royal Bank of Scotland Group (RBS) has announced several planned changes to its management team and board.
Bruce Van Saun will step down as group finance director after three and a half years in the role to become chairman and chief executive officer of RBS Citizens Financial Group, a US subsidiary scheduled for a partial IPO.
Nathan Bostock, currently chief risk officer, will replace Van Saun as finance director. In turn, Bostock will be replaced by David Stephen, currently deputy group chief risk officer.
These appointments will come into effect in October.