Boardroom veteran Rick Haythornthwaite will be NatWest’s new chair, taking over from under-fire Howard Davies in April of next year.
Davies had already planned to retire next year, but pressure on him to exit ramped up following the controversy over Nigel Farage’s bank account with NatWest-owned Coutts.Farage called for the heads of all of NatWest’s board, after it was revealed that Coutts had kept a dossier of his political positions, which were a factor in shutting his account with the high-net-worth bank.
