RBS 2013 Annual Report Download - page 23

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Governance at a glance
Board of directors and Executive Committee
Board
Chairman
Philip Hampton
Executive directors
Ross McEwan
Nathan Bostock
Non-executive directors
Sandy Crombie
(Senior Independent
Director)
Alison Davis
Tony Di lorio
Robert Gillespie
Penny Hughes
Brendan Nelson
Baroness Noakes
Philip Scott
Secretary and Head of
Corporate Governance
Aileen Taylor
Executive Committee*
Ross McEwan
Group Chief Executive
Nathan Bostock
Group Finance Director
Rory Cullinan
Chief Executive,
RBS Capital Resolution Group
Suneel Kamlani
Co-Chief Executive, Markets
Les Matheson
Chief Executive, UK Retail
Simon McNamara
Group Chief Administrative Officer
* As at the date of signing of the Annual Report and Accounts.
Jon Pain
Group Head of Conduct &
Regulatory Affairs
David Stephen
Group Chief Risk Officer
Chris Sullivan
Chief Executive, Corporate Banking
Bruce Van Saun
Chairman & Chief Executive,
RBS Citizens Financial Group, Inc and
Head of RBS Americas
Group Nominations Committee
Assists the Board in the selection and
appointment of directors. It reviews the
structure, size and composition of the
Board, and membership and chairmanship
of Board committees.
For more detail of the operation of the
committee please refer to the full committee
report on pages 50 and 51.
Group Sustainability Committee
Responsible for overseeing and challenging
how management is addressing sustainability
and reputation issues relating to all
stakeholder groups, except where such
issues have already been dealt with by
other Board committees.
For more detail of the operation of the
committee please refer to the full
committee report on pages 64 and 65.
Executive Committee
Supports the Group Chief Executive in
managing the Group’s businesses. It reviews
strategic issues and initiatives, monitors
financial performance and capital allocations
and considers risk strategy, policy and
management.
RBS Capital Resolution (RCR)
Board Oversight Committee
Provides oversight of RCR’s progress against,
and compliance with, its primary objective and
asset management principles. It reports to the
Board on its own activities and recommends
changes, where appropriate, to RCR strategy.
UK Corporate Governance Code
This is the first year that we are reporting
under the new narrative reporting
requirements which include the new Strategic
Report and changes in remuneration
reporting. Throughout the year ended 31
December 2013, the company has complied
with all of the provisions of the UK Corporate
Governance Code except in relation to
provision (D.2.2) that the Group Performance
and Remuneration Committee should
have delegated responsibility for setting
remuneration for the Chairman and executive
directors. The company considers that this is a
matter which should rightly be reserved for the
Board. Our statement of compliance with the
UK Corporate Governance Code (the “Code”)
is set out on page 91.
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For
biographies
see pages 39 -