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National

Peter A Walker

Finance Secretary refuses to say why investment bank CEO quit

Finance Kate Forbes

Finance Secretary Kate Forbes has said the reasons for the former chief executive of the country’s investment bank stepping down were “for her and the board”.

Eilidh Mactaggart left her role as chief executive of the Scottish National Investment Bank (SNIB) abruptly on Friday, with no reason given.

When questioned on Tuesday about the move, Forbes refused to say why, but sought to reassure MSPs that Mactaggart’s successor would be agreed by ministers.

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