-- NatWest Group has lined up Rick Haythornthwaite as its new chairman to replace Howard Davies, Sky News reports citing unnamed sources.

-- The appointment of Haythornthwaite, who currently chairs Ocado and the AA, is expected in the coming days and could come as early as Wednesday, Sky News reports.

-- The British lender said in April that Davies would be stepping down from the role after a nine-year tenure before July 2024.

Full story: htTps://tinyurl.com/5n8rpxdv

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

September 06, 2023 05:44 ET (09:44 GMT)

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