BusinessPeople In BusinessRBS poaches Abbey National, A & L CFO

RBS poaches Abbey National, A & L CFO

Bostock to leave CFO post to head up restructuring at embattled RBS

Nathan Bostock has been appointed as head of restructuring and risk at the
Royal Bank of Scotland, leaving his position as chief financial officer at Abbey
National and Alliance & Leicester.

Bostock will report to Stephen Hester, the group chief executive of RBS, from
June.

Commenting on the appointment, Hester said Bostock will play an important
role managing the bank’s risk position.

The role will incorporate management of the newly created non-core division
of RBS, the asset protection scheme and the risk and legal functions of the
bank.

Bostock has previously worked for Coopers and Lybrand and Chase Manhattan
Bank.

Further Reading:

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bank FDs measure up in the bonus stakes

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urges FDs to talk to banks as administrations rise

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