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| RBS group finance director Nathan Bostock to step down | RBS group finance director Nathan Bostock to step down |
| (1 day later) | |
| The Royal Bank of Scotland has said its group finance director Nathan Bostock is to step down, less than three months after taking the role. | |
| The bank said Mr Bostock had "informed the board of his intention to resign". | The bank said Mr Bostock had "informed the board of his intention to resign". |
| He is expected to become deputy chief executive and chief risk officer at Santander UK. | He is expected to become deputy chief executive and chief risk officer at Santander UK. |
| He will remain in his position to oversee a handover at RBS. Arrangements for his successor will be announced in due course. | He will remain in his position to oversee a handover at RBS. Arrangements for his successor will be announced in due course. |
| In 2011, Mr Bostock had been due to move to the Lloyds group but RBS then said he would remain with them. | In 2011, Mr Bostock had been due to move to the Lloyds group but RBS then said he would remain with them. |
| An RBS spokeswoman said: "The Royal Bank of Scotland Group can confirm that Nathan Bostock has this evening informed the Board of his intention to resign from his role as Group Finance Director. | An RBS spokeswoman said: "The Royal Bank of Scotland Group can confirm that Nathan Bostock has this evening informed the Board of his intention to resign from his role as Group Finance Director. |
| "His formal resignation is expected soon, but he will remain in his position to oversee an orderly handover of his responsibilities. | "His formal resignation is expected soon, but he will remain in his position to oversee an orderly handover of his responsibilities. |
| "Details on arrangements for his successor will be announced in due course." | "Details on arrangements for his successor will be announced in due course." |
| Before joining RBS, he spent eight years with Abbey National in various roles, including chief financial officer. | Before joining RBS, he spent eight years with Abbey National in various roles, including chief financial officer. |