Ron Sandler - Career in The Financial Sector

Career in The Financial Sector

Sandler was Chief Executive at Lloyd's of London from 1995 until 1999. Sandler spent the period between October 1999 and March 2000 as a director and chief operating officer of NatWest bank, unsuccessfully attempting to defend it during its 1999 takeover, on a salary of £450,000. Sandler resigned following the takeover of NatWest bank by the Royal Bank of Scotland, joining the board of Computacenter as a non-executive director on May 26, 2000. In March 2001, Sandler succeeded Computacenter co-founder Philip Hulme as Chairman of the board. In June 2001 the then chancellor Gordon Brown asked Sandler to carry out a review of the savings industry, known as the Sandler Review. The report, published in 2002, called for a simplified range of savings products with a reduced level of commission, but its conclusions were rejected by the Treasury.

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