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RBS digital chief Mark Bailie to leave bank - Sky News

Tue, 21st Jan 2020 11:59

LONDON, Jan 21 (Reuters) - The chief executive of Royal Bank
of Scotland's digital bank Mark Bailie is leaving the
state-backed bank within months, Sky News reported on Tuesday.

Bailie, an RBS veteran and former chief operating officer of
the bank, led development of digital bank Bó which only launched
officially in November last year.

RBS did not immediately respond to a request for comment.

His departure could be confirmed alongside RBS's full-year
results on February 14, the Sky News report said, when CEO
Alison Rose is expected to announce a new strategy for the bank.

Rose, who stepped up to the top role last year, has already
cleared out the management team at the lender's under-performing
investment bank NatWest Markets, with both the CEO and CFO of
that division stepping down last month.

Bailie was seen as a potential candidate for the RBS CEO
role before Rose was appointed to the job.
(Reporting by Iain Withers, editing by Sinead Cruise)

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