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LONDON - NatWest Group plc and its subsidiary NatWest Markets Plc announced today that Frank Dangeard will step down as a non-executive director and Chair following a period of personal leave. His resignation will take effect from the upcoming Annual General Meeting scheduled for April 23, 2025.
Rick Haythornthwaite, Chair of NatWest Group, acknowledged Dangeard’s significant contributions since joining the board in May 2016 and becoming Chair of NatWest Markets in April 2018. Haythornthwaite praised Dangeard for his service on various committees and his valuable insights throughout his tenure.
Dangeard also plans to resign as Chair of RBS (LON:NWG) Holdings NV and NatWest Markets NV, with the formal resignation process aligning with Dutch legal and regulatory requirements. The official date of his departure from these roles will be confirmed in a future announcement.
NatWest Group has taken steps to comply with Listing Rule 6.4.6R by making this information public. The company has provided contact details for investor and media relations but has not disclosed further information regarding the search for Dangeard’s replacement or the impact of this change on the company’s strategic direction.
The announcement was made without any promotional language and is based on a press release statement. This change in the directorate is part of the company’s governance and oversight structure, which is critical to shareholders and the market’s understanding of NatWest Group’s leadership.
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