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NatWest names Rick Haythornthwaite as new chair to succeed Sir Howard Davies | Fintech InShorts: Latest fintech news, analysis by experts

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NatWest names Rick Haythornthwaite as new chair to succeed Sir Howard Davies

By Laura M

September 9, 2023

British business executive Richard ‘Rick’ Haythornthwaite appointed as the new chair of NatWest Group’s board, succeeding Sir Howard Davies.

Facts

Richard Haythornthwaite to join the NatWest board on January 8, 2024, and officially become chair on April 15, 2024.
NatWest initiated the search for a new chair after the annual general meeting in April 2023.
Haythornthwaite was unanimously approved by the NatWest board, known for his extensive experience as the global chair of Mastercard and Centrica.
Currently chairs Ocado Group and the AA, serving as a non-executive director at Globant.
Expected to dissolve roles at Globant and other directorships except the AA.
Emphasizes NatWest’s transformation towards customer focus and financial resilience.
Praised by Mark Seligman as a highly experienced chair with a strong track record.
His appointment follows the NatWest Group’s publicized conflict with Nigel Farage and the resignation of CEO Alison Rose in July.

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