The Board of Directors is appointed by NatWest Group to manage the affairs of NatWest Markets and is responsible for the long-term success of the entity and the delivery of sustainable value to NatWest Group as shareholder.
Our Board’s role is to provide leadership of NatWest Markets within a framework of prudent and effective controls which enables risk to be assessed and managed; set the strategic aims of NatWest Markets and its subsidiaries; monitor and oversee the embedding of NatWest Markets’ culture and values; and ensure compliance with the statutory, regulatory and fiduciary obligations associated with NatWest Markets’ activities and with its status as a separate legal entity independently authorised by the Prudential Regulation Authority and Financial Conduct Authority.
Chairman
Date of appointment:
14 July 2015 (Board)
1 September 2015 (Chairman)
Contribution to the Board:
Howard brings substantial financial services knowledge and experience to the Board, together with a deep understanding of global economic, environmental and social issues. With extensive board level experience, Howard draws on his prior regulatory and supervisory expertise to contribute both strategic and practical insights to Board discussions and debate. Howard is also a highly adept Chairman with valuable leadership and stakeholder management skills.
Relevant experience:
Howard has held several regulatory roles during his career including Chairman of the UK Financial Services Authority and Deputy Governor of the Bank of England. Howard was Director of the London School of Economics and Political Science and is also Professor of Practice at the Paris Institute of Political Studies (Sciences Po).
Howard has also previously served as a non-executive director of Morgan Stanley and Prudential plc, as Chairman of Phoenix plc and as Chair of the UK Airports Commission.
Current external appointments:
- Chairman of Inigo Limited
- Member of the Regulatory and Compliance Advisory Board of Millennium Management LLC
- Chair of the International Advisory Council of the China Securities Regulatory Commission
- Member of the International Advisory Council of the China Banking and Insurance Regulatory Commission
- Member of the UK Advisory Council of PrimaryBid Limited.
Committee membership:
- Group Nominations and Governance Committee (Chairman)