RBS 2013 Annual Report Download - page 43
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Our Board
41
Independent non-executive directors
Robert Gillespie (age 58)
Date of appointment: 2 December 2013
Experience: Began his career with Price Waterhouse
(now PricewaterhouseCoopers) where he qualified as a
chartered accountant. He then moved into banking
joining SG Warburg, specialising in corporate finance,
and was appointed as Co-Head and Managing Director
of its US investment banking business in 1989. Following
the acquisition of Warburg by UBS in 1995, he then held
the roles of Head of UK Corporate Finance, Head of
European Corporate Finance and Co-Head of its global
business and CEO of the EMEA region. He relinquished
his management roles at the end of 2005, and was
appointed Vice Chairman of UBS Investment Bank.
Robert left UBS to join Evercore Partners, from where he
was seconded to the UK Panel on Takeovers and
Mergers, as Director General, from 2010 to 2013.
External appointment(s):
• Independent Board Director at Ashurst
LLP
• Chairman of Council at the University of
Durham
• Chairman of the Somerset House Trust
• Chairman of the Boat Race Company
Limited
• Director of Social Finance Limited
Committee membership(s):
• Group Nominations Committee
Penny Hughes, CBE (age 54)
Date of appointment: 1 January 2010
Experience: Previously a director and chairman of the
Remuneration Committee of Skandinaviska Enskilda
Banken AB and a non-executive director of Home Retail
Group plc and chairman of its Remuneration Committee.
She spent the majority of her executive career at Coca-
Cola where she held a number of leadership positions,
latterly as President, Coca-Cola Great Britain and
Ireland. Former non-executive directorships include
Vodafone Group plc, Reuters Group PLC, Cable &
Wireless Worldwide plc and The Gap Inc.
External appointment(s):
• Non-executive director, chair of the
corporate compliance and responsibility
committee and member of the audit,
nomination and remuneration committees
of Wm Morrison Supermarkets plc
• Trustee of the British Museum
Committee membership(s):
• Group Performance and Remuneration
Committee (Chair)
• Group Nominations Committee
• Group Sustainability Committee
Brendan Nelson (age 64)
Date of appointment: 1 April 2010
Experience: Former global chairman, financial services
for KPMG. Previously held senior leadership roles within
KPMG including as a member of the KPMG UK board
from 1999 to 2006 and as vice-chairman from 2006.
Chairman of the Audit Committee of the Institute of
Chartered Accountants of Scotland from 2005 to 2008.
External appointment(s):
• Non-executive director and chairman of
the audit committee of BP plc
• Member of the Financial Reporting Review
Panel
• President of the Institute of Chartered
Accountants of Scotland
Committee membership(s):
• Group Audit Committee (Chair)
• Board Risk Committee
• Group Nominations Committee
• RCR Board Oversight Committee