RBS 2009 Annual Report Download - page 11

9RBS Group Annual Report and Accounts 2009
Essential reading
Board of directors and secretary
Non-executive directors
Non-executive directors
Colin Buchan* (age 55)
A, N, R (Chairman), Ri
Appointed to the Board in June 2002, Colin 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, and was the former chairman of UBS Securities Canada Inc. He is
chairman of Standard Life Investments Limited and a director of Standard Life plc
and Black Rock World Mining Trust Plc. Colin is a fellow of the Chartered Institute
of Bankers of Scotland.
Sandy Crombie* (age 61)
Senior Independent Director
N, R, Ri
Appointed to the Board in June 2009, Sandy Crombie retired from his position as
Group Chief Executive of Standard Life Plc on 31 December 2009. He has
previously served as a director of the Association of British Insurers and a
member of the Chancellor of the Exchequer’s High Level Group. In 2007, he was
the Prince of Wales’ Ambassador for Corporate Social Responsibility in Scotland.
He currently serves as Chairman of the Edinburgh UNESCO City of Literature
Trust, as Vice Chairman of the Royal Scottish Academy of Music and Drama, and
President of The Cockburn Association.
Penny Hughes* (age 50)
N, R
Penny Hughes joined the Board on 1 January 2010 and is currently a non-
executive director of Home Retail Group plc and Cable & Wireless plc. Penny
joined the board of Wm Morrisons Supermarkets plc on 1 January 2010. She is a
former non-executive director of Gap Inc, Vodafone PLC and Reuters PLC. Penny
chairs the Remuneration Committee of Home Retail Group. Penny was a director
and chairman of the Remuneration Committee of Skandinaviska Enskilda Banken
AB until she stepped down on 20 October 2009. Penny spent the majority of her
executive career at Coca-Cola where she held a number of leadership positions.
In 1992, she was appointed as President, Coca-Cola Great Britain and Ireland.
She is also a Trustee of the British Museum and President of the Advertising
Association.
Archie Hunter* (age 66)
A (Chairman), N, Ri
Appointed to the Board in September 2004, Archie Hunter is a chartered
accountant. He was Scottish senior partner of KPMG between 1992 and 1999
and president of The Institute of Chartered Accountants of Scotland in 1997/98.
He has extensive professional experience in the UK and North and South America.
He is currently chairman of Macfarlane Group plc, a director of Edinburgh US
Tracker Trust plc and a governor of the Beatson Institute for Cancer Research.
Joe MacHale* (age 58)
A, N, Ri
Appointed to the Board in September 2004, Joe MacHale is currently a non-executive
director and chairman of the remuneration committee of Brit Insurance Holdings plc,
and a trustee and treasurer of MacMillan Cancer Support. He held a number of
senior executive positions with J P Morgan between 1979 and 2001 and was latterly
chief executive of J P Morgan Europe, Middle East and Africa Region. He is a fellow
of the Institute of Chartered Accountants and the Chairman of Prytania Holdings LLP.
John McFarlane* (age 62)
N, R
Appointed to the Board on 1 October 2008, John McFarlane is former chief
executive officer of Australia and New Zealand Banking Group Limited. Previously
he was a group executive director of Standard Chartered and was head of
Citicorp/Citibank in the UK and Ireland. He is currently a non-executive director of
Westfield Holdings Limited and a director of Old Oak Holdings Limited. He is a
former president of the International Monetary Conference and a former chairman
of the Australian Bankers Association. He has previously served as a director of
the London Stock Exchange and a member of the Auditing Practices Board.
Arthur ‘Art’ Ryan* (age 67)
N
Appointed to the Board on 1 October 2008, Art Ryan is the former chairman, chief
executive officer and president of Prudential Financial Inc. Previously he held
senior positions with Chase Manhattan Bank NA. He is currently a non-executive
director of Regeneron Pharmaceuticals Inc. and an active member of numerous
community boards. He was a founding member of the Financial Services Forum.
Philip Scott* (age 55)
A, N, Ri (Chairman)
Appointed to the Board on 1 November 2009, Philip Scott has wide-ranging
experience of financial services and risk management, including previous
responsibility for Aviva's continental European and international life and long-term
savings businesses. He has held a number of senior executive positions during his
career at Aviva, including his role as Group Finance Director until January 2010.
Philip is also an experienced non-executive director and is currently on the board
of Diageo plc.