NEWS STORY : Natwest Chief Executive Alison Rose Resigns over Nigel Farage Account

STORY

Alison Rose, the Chief Executive of the Natwest Group, has resigned following the revelation that she had privately told a BBC journalist that the bank account of Nigel Farage had been closed due to a lack of funds rather than for commercial reasons. Nigel Farage reacted to the news by saying “the first rule of banking is you have to respect the privacy of the customer”.

Howard Davies, Chairman of the Natwest Group Board, said in a statement:

“The Board and Alison Rose have agreed, by mutual consent, that she will step down as CEO of the NatWest Group. It is a sad moment. She has dedicated all her working life so far to NatWest and will leave many colleagues who respect and admire her.”

RESOURCES

Alison Rose – 2023 Statement on Standing Down as Natwest Group Chief Executive