Natwest Group has chosen a new chief of his network of High Street branches during the lender’s first important appointment since the end of his 17 -year term in the partial property of taxpayers.
Sky News learned that Solange Chamberlain was chosen as a new managing director of the Natwest retail bank, almost six months after the departure of the departure of the predecessor David Lindberg.
Ms. Chamberlain, who has worked for Natwest since 2019, will assume her new role on July 1, subject to regulatory approval.
Former investment banker, she will fall under Paul Thwaite, Managing Director of the Bank Group.
His previous roles at Natwest include the chief of the operation of his commercial bank and more recently as director of strategic development.
Natwest’s retail bank has more than 18 million customers across Great Britain, making it one of the four largest retail banks in the industry alongside Barclays, HSBC and Lloyds Banking Group.
The recent acquisition of the Banque de Sainsbury added 1 million accounts to the retail customers of Natwest.
Responding to a Sky News investigation, Natwest confirmed the appointment on Monday afternoon.
Mr. Thwaite said in a statement that “knowledge of Ms. Chamberlain of our customers, clear strategic thinking and the history of transformation delivery will help us develop our retail business and succeed with customers”.
On Friday, the treasure sold the last of his participation in Natwest, after having bail out the Royal Scotland Bank then with 45.5 billion pounds Sterling of taxpayers during the 2008 financial crisis.
On Monday, the actions of the bank negotiated at around 524.6p, which gives it a market value of more than 42 billion pounds sterling.