RBS digital chief Mark Bailie to leave bank: Sky News

This post was originally published on this site

LONDON (Reuters) – The chief executive of Royal Bank of Scotland’s (L:) 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.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment