RBS 2003 Annual Report Download - page 115

Annual Report and Accounts 2003
113
Board of directors and secretary
Chairman
Sir George Mathewson (age 63)
CBE, DUniv, LLD, FRSE, FCIBS
C (Chairman), N (Chairman)
Appointed to the Board in
September 1987 and as
Chairman in April 2001, Sir
George has a wide
background in finance,
technology and management
and spent some of his career
in the United States. He
became Group Chief Executive
in January 1992 and in March
2000, he was appointed
Executive Deputy Chairman.
He is president of the British
Bankers’ Association and a
director of Santander Central
Hispano, S.A., The Scottish
Investment Trust PLC and the
Institute of International
Finance, Inc. He was chief
executive of the Scottish
Development Agency from
1981 to 1987.
Vice-chairmen
Sir Iain Vallance (age 60)
FCIBS
C
Appointed to the Board in
January 1993 and as Vice-
Chairman in March 1994, Sir
Iain is an experienced
businessman who is currently
chairman of the European
Service Forum and a director
of the supervisory board of
Siemens AG. He is also a
member of the European
Advisory Council of the
Rothschild Group and the
European Advisory Committee
of the NYSE. He has also held
a range of other positions
including president of the CBI,
chairman of British
Telecommunications Plc and
deputy chairman of the
Financial Reporting Council.
He was also a member of the
board of directors of the Mobil
Corporation.
Sir Angus Grossart (age 66)
CBE, DBA, LLD, FRSE, DL, FCIBS
C
Appointed to the Board in
September 1985 and as Vice-
Chairman in April 1996, Sir
Angus is an advocate and
chartered accountant with a
career in merchant banking.
He is chairman of Noble
Grossart Limited, Scottish Daily
Record and Sunday Mail
Limited and Edinburgh US
Tracker Trust plc. His
directorships of public
companies include Scottish
and Newcastle Plc and Trinity
Mirror Plc. He is a trustee of
the National Heritage Memorial
Fund and a former chairman of
the trustees of the National
Galleries of Scotland. He has
also served on the boards of a
wide range of other companies
in the UK, the USA and Canada.
Executive directors
Fred Goodwin (age 45)
DUniv, FCIBS, FCIB
Group Chief Executive
C
Appointed to the Board in
August 1998, Mr Goodwin is a
chartered accountant. He was
formerly chief executive and
director, Clydesdale Bank PLC
and Yorkshire Bank PLC. He is
chairman of The Prince’s Trust
and a former president of the
Chartered Institute of Bankers
in Scotland.
Lawrence Fish (age 59)
Chairman, President and Chief
Executive Officer of Citizens
Financial Group, Inc.
Appointed to the Board in
January 1993, Mr Fish is an
American national. He is a
career banker and a director of
Textron Inc. and the Federal
Reserve Bank of Boston. He is
also a director of the Financial
Services Roundtable, a trustee
of The Brookings Institution and a
director of numerous community
organisations in the USA.
Norman McLuskie (age 59)
FCIBS
Chairman, Retail Direct
Appointed to the Board in June
1992, Mr McLuskie is a
chartered accountant. He is
also chairman of MasterCard
Europe SPRL and a member of
the board of MasterCard
International Inc. He was
formerly chief executive, Retail
Direct.
Gordon Pell (age 53)
FCIBS, FCIB
Chairman, Retail Banking and
Wealth Management
Appointed to the Board in
March 2000, Mr Pell was
formerly group director of
Lloyds TSB UK Retail Banking
before joining National
Westminster Bank Plc as a
director in February 2000 and
then becoming chief executive,
Retail Banking. He is currently
also a director of Race for
Opportunity and Southampton
University Development Trust.
Fred Watt (age 43)
FCIBS
C
Group Finance Director
Appointed to the Board in
September 2000, Mr Watt is a
chartered accountant. He was
formerly finance director of
Wassall plc.
Non-executive directors
Emilio Botin (age 69)
Appointed to the Board in
February 1989, Mr Botin is a
Spanish national. He is
chairman of Santander Central
Hispano, S.A. and several
Santander Central Hispano
Group subsidiaries and a
director of a number of
Spanish companies including
BANKINTER S.A. Mr Botin is
chairman of Universia.net, an
internet venture between
Santander Central Hispano
and 650 universities in Spain,
Portugal and the main
countries in Latin America. He
is also a director of Shinsei
Bank Limited, a Japanese
bank.
Colin Buchan* (age 49)
A (Acting Chairman), R
Appointed to the Board in
June 2002, Mr Buchan was
educated in South Africa and
spent the early part of his
career in South Africa and the
Far East. He has considerable
international investment
banking experience, as well as
experience in very large risk
management in the equities
business. He was formerly a
member of the group
management board of UBS AG
and head of equities of UBS
Warburg. He is a director of
Merrill Lynch World Mining
Trust Plc, Merrill Lynch Gold
Limited, Royal Scottish National
Orchestra Society Limited,
Standard Life Investments
Limited, UBS Securities
Canada Inc. and World Mining
Investment Company Limited.
Jim Currie* (age 62)
D.Litt
R
Appointed to the Board in
November 2001, Dr Currie is a
highly experienced senior
international civil servant who
spent many years working in
Brussels and Washington. He
was formerly director general
at the European Commission
with responsibility for the EU’s
environmental policy and
director general for Customs
and Excise and Indirect
Taxation. He is also a director
of British Nuclear Fuels PLC,
an international adviser to
Eversheds and a consultant to
Butera & Andrews UK Limited.
Juan Inciarte (age 51)
Appointed to the Board in
February 1998, Mr Inciarte is a
Spanish national. He is a general
manager of Santander Central
Hispano Group in charge of
Europe and consumer finance.
He is a director of several
Santander Central Hispano
Group subsidiaries and a
number of Spanish and
European companies including
CC-Bank AG. He was a
director of First Wachovia and
San Paolo – IMI S.P.A.
Eileen Mackay* (age 60)
CB, FCIBS
A, R
Appointed to the Board in May
1996, Miss Mackay is a former
senior UK civil servant who
held posts in Scotland, HM
Treasury and the Cabinet
Office and was principal
finance officer at The Scottish
Office. She is a director of
Edinburgh Investment Trust
plc, Scottish Financial
Enterprise and the British
Library. She is also chairman of
the trustees of the David Hume
Institute and a trustee of the
Carnegie Trust for the
Universities of Scotland.
Iain Robertson (age 58)
CBE, FCIBS
Chairman, Corporate Banking
and Financial Markets
Appointed to the Board in
January 1993, Mr Robertson is
a chartered accountant. He is
chairman of British Empire
Securities and General Trust plc.
Sir Steve Robson* (age 60)
A
Appointed to the Board in July
2001, Sir Steve is a former
senior UK civil servant, with
responsibility for a wide variety
of Treasury matters. His early
career included the post of
Private Secretary to the
Chancellor of the Exchequer
and secondment to ICFC, (now
3i). He was also a Second
Permanent Secretary of HM
Treasury, where he was
managing director of the
Finance and Regulation
Directorate. He is a non-
executive director of Cazenove
Group Plc, Xstrata Plc and
Partnerships UK plc.
Bob Scott* (age 62)
CBE
C, N, R (Chairman)
Appointed to the Board in
January 2001, Mr Scott is an
Australian national. He is the
senior independent director. Mr
Scott has many years
experience in the international
insurance business and played
a leading role in the
consolidation of the UK
insurance industry. He is a
former group chief executive of
CGNU plc and chairman of the
board of the Association of
British Insurers. He is chairman
of Yell Group plc, a non-
executive director of Swiss
Reinsurance Company (Zurich),
Jardine Lloyd Thompson
Group plc and Focus Wickes
Group Limited, and a trustee of
the Crimestoppers Trust.
Peter Sutherland* (age 57)
KCMG
N
Appointed to the Board in
January 2001, Mr Sutherland is
an Irish national. He is a former
attorney general of Ireland and
from 1985 to 1989 was the
European commissioner
responsible for competition
policy. He is chairman of BP
Plc and Goldman Sachs
International and a director of
Investor AB and
Telefonaktiebolaget LM
Ericsson. He was formerly
chairman of Allied Irish Bank
and a director general of GATT
and the World Trade
Organisation.
Group Secretary and
General Counsel
Miller McLean (age 54)
FCIBS
C
Mr McLean was appointed
group secretary in August
1994. He is a trustee of the
Industry and Parliament Trust,
a non-executive chairman of
The Whitehall and Industry
Group and a director of The
Scottish Parliament and
Business Exchange. He is a
former vice-chairman of Banco
Santander, Portugal S.A.
Amember of the Audit
Committee
Cmember of the Chairman’s
Advisory Group
Nmember of the Nominations
Committee
Rmember of the Remuneration
Committee
*independent non-executive
director