17th Mar 2020 18:46
(Alliance News) - Royal Bank of Scotland Group PLC on Tuesday announced the re-appointment to the board of Yasmin Jetha, effective from the start of April.
Jetha joined the RBS board in June 2017, but then stepped down in the spring of 2018 to serve as a director of the lender's ringed-fence businesses. However, she is now re-joining the RBS board as well as staying on those boards.
RBS also said Non-Executive Director Alison Davis will be stepping down on March 31.
Chair Howard Davies said: "Alison Davis has served on our board for almost nine years, and I would like to thank her for the valuable contribution she has made during that time. Alison's broad skills, experience and knowledge have greatly benefitted the organisation, particularly in relation to technology and innovation, and she leaves RBS with our best wishes for the future.
"I am delighted Yasmin has agreed to re-join the RBS board at this time. Yasmin has played a significant role in ensuring the effectiveness of our ring-fencing governance structures. She brings a wealth of retail banking and customer experience to the boardroom, as well as valuable technology and innovation insights and a strong financial services background."
RBS shares ended 4.2% higher on Tuesday in London at a price of 131.75 pence each.
By George Collard; [email protected]
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