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Report: RBS personal banking CEO plans to quit

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Report: RBS personal banking CEO plans to quit

Royal Bank of Scotland Group PLC's CEO for personal banking, Les Matheson, told colleagues that he plans to quit in the coming months, Sky News reported.

Matheson, who joined RBS in 2010 and has been serving in his current role since 2014, is expected to step down once a successor is picked. The bank will reportedly conduct an internal and external search for the successor.

His exit is likely to be a part of the senior personnel and strategy overhaul that will be unveiled by the incoming CEO Alison Rose in 2020, the Oct. 21 report noted.