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Royal Bank of Scotland: Directors

Volume 488: debated on Tuesday 24 February 2009

To ask the Chancellor of the Exchequer how many directors of the board of the Royal Bank of Scotland have left the board since the arrangements were made for UK Financial Investments to acquire a majority stake in the bank. (251619)

Since 13 October 2008, the date on which HMT's proposed investment in RBS was announced, four directors of the board have stepped down or retired and two directors have indicated their plans to leave the board in due course.