BusinessCompany NewsGodbehere set for Rock FD throne

Godbehere set for Rock FD throne

Nationalisation of ailing bank to put ex Swiss Re FD in charge of Northern Rock finances if Sandler gets his way

Ann Godbehere is in pole position to take over as FD of Northern Rock, after
Alistair Darling announced that the bank would be nationalised yesterday.

In a surprise statement the chancellor steered clear of using the word
nationalisation, preferring to say that the embattled bank would be entering
into a period of ‘temporary public ownership’.

Last month it emerged that Ron Sandler who will be the executive chairman of
the bank, had earmarked Godbehere to oversee the bank’s finances if the
government decided to take the nationalisation route.

Godbehere was highly respected during her time as FD of Swiss Re, the world’s
largest reinsurer.

Further reading:

Former
Swiss Re FD lined up as Northern Rock deputy

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