No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - The chief executive of NatWest Group is reportedly continuing his overhaul of the bank's leadership months after it returned to full private sector ownership.
According to Sky News, Paul Thwaite - who took over as the lender's boss two years ago - has created a new executive role aimed at sharpening its focus on customer service.
James Holian, who has been at the company for over 15 years, has been installed as chief customer and operations officer, according to a memo circulated on Friday and seen by Sky News.
Holian's role will absorb many of the responsibilities of NatWest's group chief operating officer role, which was held by Jen Tippin.
Tippin, who was previously in charge of human resources and technology at NatWest, will leave the company.
A NatWest spokesperson told Sky: "We thank Jen for her significant contribution to the group over the last five years. She has been instrumental in helping to drive our transformation and we wish her every success in the future."
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.