RBS chief executive quits post after four years in the role

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RBS

The Royal Bank of Scotland (RBS) has announced that its chief financial officer Ewen Stevenson has resigned.

Stevenson, who has been in the role for the past four years, also holds the position of executive director.

Stevenson will remain in his position to oversee an orderly handover of his responsibilities.

It said that a search for his successor would start immediately.

Chief executive Ross McEwan said: “For the past four years Ewen has worked tirelessly with me and my executive team to make RBS a much simpler, safer and more customer focussed business and to resolve a number of major legacy challenges. When Ewen leaves RBS he will go with my enormous thanks and best wishes, he has been a fantastic CFO.”

Stevenson joined the bank in 2014 from Credit Suisse where he was co-head of EMEA investment banking and its global financial institutions group, investment banking division.

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