NatWest names Rick Haythornthwaite to replace Davies as chairman
American Banker 2023-09-06 13:56:24 • 2 mins
Simon Dawson/Bloomberg
NatWest Group has picked former Mastercard chairman Rick Haythornthwaite to replace its chair Howard Davies next year.
The London-listed bank said Wednesday that Haythornthwaite will join the lender's board on January 8 and succeed Davies as chair on April 15. Sky News reported the appointment earlier.
NatWest has spent several months searching for a chairman after Davies announced in April that he would be stepping down by mid-2024. It's also on the hunt for a permanent chief executive officer, following Alison Rose's abrupt departure this summer in the wake of the debanking controversy around ex-politician Nigel Farage. Paul Thwaite is running the partly government-owned bank on an interim basis.
