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:
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)
“People have described me as a “management bishop” but I say to my critics, “Jesus was a management expert too.””
—George Carey (b. 1935)
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (1795–1881)