# NatWest appoints former Nationwide CFO to its UK bank board
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-09-01
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: NatWest appoints Mark Rennison as UK bank board member
Meta Description: NatWest has appointed Mark Rennison, ex-Nationwide CFO, to its ring-fenced retail bank board. Rennison will serve as non-executive director on NatWest Holdings
URL: https://financedigest.com/natwest-appoints-former-nationwide-cfo-to-its-uk-bank-boardhtml

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LONDON (Reuters) – NatWest has appointed Mark Rennison, a former Nationwide Building Society Chief Financial Officer, to the board of its ring-fenced retail bank, the British lender said on Friday.

Rennison will serve as a non-executive independent director on the board of NatWest Holdings Limited (NWH), which contains the lender’s retail, commercial and wealth banking businesses.

Those units were separated from other riskier banking divisions at British banks following post-2008 financial crisis rules aimed at protecting individual savers and small businesses.

Rennison’s appointment follows Graham Beale stepping down from the NWH board on Aug. 31, as NatWest announced in April.

(Reporting By Lawrence White; editing by David Evans)


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