RBS taps HSBC’s Fletcher as new chief risk officer


Royal Bank of Scotland has hired Bruce Fletcher as its new group chief risk officer, the lender announced today.

Fletcher will join from rival bank HSBC, where he was the risk officer for its retail banking and wealth management business, RBS said.

RBS chief executive Ross McEwan added that Fletcher “brings significant experience and expertise to the role” and “is an excellent addition to our team” who will “further strengthen our risk function”.

“I would also like to thank David for his substantial contribution to RBS and driving forward the cultural change that has taken place at this bank. He leaves with our best wishes for the future,” McEwan added.