NatWest Markets Plc (“NatWest Markets”), announces today that Simon Lowe, Director of Finance for NatWest Markets will take on the role of interim CFO for NatWest Markets. Simon Lowe will replace current NatWest Markets CFO David King, who announced his resignation in November 2021. David King will step down from his CFO role, his role as an Executive Director of NatWest Markets and his role on the Supervisory Board of NatWest Markets N.V. on 1 April. Simon Lowe will join the Supervisory Board of NatWest Markets N.V. on an interim basis as an observer.
Simon Lowe has worked at NatWest Markets for over 16 years and has most recently been responsible for the Financial Control, Product Control and Valuation teams. In his interim position he will join Robert Begbie’s management team, as well as NatWest Group plc’s Finance Executive Committee. Simon Lowe and David King will continue to work together to transition David King’s responsibilities. NatWest Markets is undertaking an internal and external search for David King’s permanent successor as CFO.
Robert Begbie, CEO of NatWest Markets, said:
“I look forward to welcoming Simon to my leadership team and thank David for all that he has delivered in his role. Our Markets business continues to unlock potential for customers across NatWest by connecting them to international wholesale and capital markets, and collaborating with them to provide the risk management and financing solutions that help them realise their potential and thrive.“
For further information, please contact:
Investor Relations
Alexander Holcroft
Head of Investor Relations
+44 (0) 207 672 1758
RBS Media Relations
+44 (0) 131 523 4205