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RBS finance director Guy Whittaker to leave the firm

Royal Bank of Scotland finance director Guy Whittaker has agreed to step down from his role and the RBS board.

He is expected to leave the bank in October after the firm has appointed a successor. RBS says Whittaker’s current role and responsibilities will continue unchanged until then.

Chief Executive Stephen Hester says: “It is with sadness we reach this parting with Guy and typical of him to agree to serve a full transition period.

“Guy has held one of the most demanding roles at RBS. Since I joined in late November last year, he has given everything to assist our creation of a new direction for RBS and give it the best chance of success.

“Now that we have passed the 2008 year end and are fully focused on the 3-5 year journey ahead to standalone health, it is a logical time to make changes. Guy leaves RBS with my thanks and support and we wish him well in the future once his time here comes to a close.”

Whittaker was appointed to the board in February 2006. He joined RBS after spending 25 years with Citigroup.

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