NatWest boss Dame Alison Rose quits after row over Nigel Farage account
Dame Alison Rose has quit her role as NatWest boss just hours after admitting she had made a mistake in speaking about Nigel Farage’s relationship with the bank.
Dame Alison had been criticised for being the source of an inaccurate BBC report that suggest Farage’s Coutts account had been closed due to him not having the funds.
The announcement that she was stepping down came just hours after NatWest said it had full confidence in her ability to continue leading the bank.
A statement, released early on Wednesday morning, from NatWest Group chairman Sir Howard Davies said: “The board and Alison Rose have agreed, by mutual consent, that she will step down as chief executive of the NatWest Group.
“It is a sad moment.”
In a separate statement, Dame Alison thanked her colleagues “for all that they [had] done”, saying: “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.”
