Dame Alison Rose has stepped down as chief executive of NatWest after her admission that she leaked private information about Nigel Farage’s finances to the BBC.
NatWest said it had appointed Paul Thwaite, the bank’s head of commercial and institutional business, to take over the responsibilities of leading NatWest Group.
“A further process will take place in due course to appoint a permanent successor,” the bank said.
NatWest Group chairman Sir Howard Davies said it was a “sad moment” as he announced Dame Alison Rose would be stepping down by “mutal consent” with Natwest.
In a short statement quoted by PA, he said: “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.”
In a separate statement, Rose thanked her colleagues “for all that they [had] done”.
She said: “I remain immensely proud of the progress the bank has made in supporting people, families and business across the UK, and building the foundations for sustainable growth.”