Royal Bank of Scotland Group PLC Hopes To Promote Retail Banker To CEO Job-DJ

Thursday, 1 Aug 2013 05:26am EDT 

Dow Jones reported that Royal Bank of Scotland Group PLC is hoping to promote Ross McEwan, the head of its retail bank, to the role of Chief Executive. Mr. McEwan is being lined up to replace outgoing CEO Stephen Hester, who announced in June that he would be stepping down by the end of the year. However, the U.K.'s Prudential Regulation Authority has yet to approve the appointment, one person said. 

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