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Ulster Bank CEO set for UK job
28 Apr 2015 17:05
Royal Bank of Scotland has appointed Ulster Bank's CEO Jim Brown as the new chief executive of its Williams & Glyn business.
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The bank said that Mr Brown will remain in his position at Ulster Bank to help the bank's board find his successor.
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Williams & Glyn business is due to become a new UK "challenger" bank.
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RBS was ordered to sell Williams & Glyn, which comprises 314 branches and is focused on lending to small businesses, by European regulators as a condition of its £46 billion government bailout during the 2007-09 financial crisis.
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It plans to list the business on the London Stock Exchange in the second half of 2016.
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