FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For
March 17, 2020
Commission
File Number: 001-10306
The
Royal Bank of Scotland Group plc
RBS,
Gogarburn, PO Box 1000
Edinburgh
EH12 1HQ
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F X Form 40-F
___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(1):_________
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(7):_________
Indicate
by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ___
No X
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-
________
The following information was issued as Company announcements
in London, England and is furnished pursuant to General Instruction
B to the General Instructions to Form
6-K:
17 March 2020
The Royal Bank of Scotland Group plc
Directorate Changes
The Royal Bank of Scotland Group plc (RBS) announces
that:-
●
Alison
Davis will step down as a non-executive director on 31 March 2020;
and
●
Yasmin
Jetha will be appointed as a non-executive director on 1 April
2020.
Yasmin will succeed Alison as Chairman of the Technology and
Innovation Committee, and will also become a member of the Group
Sustainable Banking Committee.
Yasmin first joined the RBS Board in June 2017 at a time when the
Group was making changes to its governance structures in readiness
for implementation of the ring-fencing regime. Yasmin stepped
down from the RBS Board in April 2018 in order to serve solely as a
director of our key ring-fenced entities*, and will continue to
serve on those boards after re-joining the RBS
Board.
Howard Davies, Chairman of RBS, said:
"Alison Davis has served on our board for almost 9 years, and I
would like to thank her for the valuable contribution she has made
during that time. Alison has chaired the Technology and
Innovation Committee and served as a member of the Group
Sustainable Banking Committee, Group Performance and Remuneration
Committee, and Group Nominations and Governance Committee.
Alison's broad skills, experience and knowledge have greatly
benefitted the organisation, particularly in relation to technology
and innovation, and she leaves RBS with our best wishes for the
future.
I am delighted that Yasmin has agreed to re-join the RBS Board at
this time.
Yasmin has played a significant role in ensuring the effectiveness
of our ring-fencing governance structures. She brings a
wealth of retail banking and customer experience to the boardroom,
as well as valuable technology and innovation insights and a strong
financial services background. I look forward to
continuing to work with Yasmin and my fellow Board colleagues, as
we focus firmly on becoming a purpose-led organisation."
There are no matters requiring disclosure under Listing Rule
9.6.13.
* NatWest Holdings Limited (the holding company for our ring-fenced
operations), The Royal Bank of Scotland plc, National Westminster
Bank Plc and Ulster Bank Limited.
For further information contact:
RBSG Investor Relations
Alexander Holcroft
Head of Investor Relations
+44 20 7672 1758
RBS Media Centre +44 131 523 4205
Notes to Editors:
Biographical Details
Yasmin Jetha
Yasmin Jetha was an executive main board director at Abbey National
PLC from 2001 to 2004 prior to its takeover by Santander Bank. She
was at Abbey National for 19 years holding senior positions in
Retail Lending and Customer Services as well as Group IT &
Infrastructure.
After leaving Abbey National, Yasmin joined the Financial Times as
Chief Information Officer in January 2006, and became its Chief
Operating Officer in April 2008. She held the position of the Chief
Information Officer at Bupa, a healthcare company, from October
2009 to June 2014.
Since September 2009, Yasmin has been a non-executive director at
Nation Media Group, a leading media organisation based in East
Africa, where she is also Chair of the HR & Remuneration Committee and
member of the Strategy & Investments
Committee.
Yasmin has also been a non-executive director of Guardian Media
Group since February 2018, where she is a member of the
Remuneration committee.
In addition to being Vice Chair of the Board of Governors at
University of Bedfordshire from 2008 to 2011, Yasmin also served
for over ten years until April 2017, as Vice Chair of the National
Committee of the Aga Khan Foundation (UK) Ltd, a non-denominational
charity.
Yasmin holds a Master of Science in Management Science from
Imperial College and a Bachelor of Science in Mathematics from
London University. She is a Fellow of the Chartered Institute of
Management Accountants, was awarded an honorary Doctor of Laws
degree by the University of Leicester in 2005, and was made an
honorary Fellow of the University of Bedfordshire in
2011.
LEI: 2138005O9XJIJN4JPN90
Date: 17
March 2020
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THE
ROYAL BANK OF SCOTLAND GROUP plc (Registrant)
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By: /s/
Jan Cargill
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Name:
Jan Cargill
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Title:
Deputy Secretary
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