Management
NWG's present Chairman is Sir Derek Wanless, who was appointed as a non-executive director in December 2003 and became Chairman in July 2006. He was CEO of NatWest Bank until 1999 and a non-executive director at Northern Rock Bank until November 2007, when he resigned after he was criticised for his role (as chairman of the Risk Committee) in the collapse of that bank. NWG has been criticised for a lack of transparency in omitting mention of Sir Derek's involvement with Northern Rock from the profile of its chairman in its annual report.
The Group's chief executive is Heidi Mottram OBE, who was appointed in April 2010. She previously held senior positions in the rail industry and was appointed an OBE in the 2010 New Year honours list, for services to the rail industry.
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Famous quotes containing the word management:
“No officer should be required or permitted to take part in the management of political organizations, caucuses, conventions, or election campaigns. Their right to vote and to express their views on public questions, either orally or through the press, is not denied, provided it does not interfere with the discharge of their official duties. No assessment for political purposes on officers or subordinates should be allowed.”
—Rutherford Birchard Hayes (1822–1893)
“The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.”
—Catherine E. Beecher (1800–1878)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (1908–1973)