NatWest Group has announced that David Lindberg, the CEO of NatWest’s Retail bank, intends to step down from his role next year.
David Lindberg said: "It’s been a difficult decision, but now is the right time for me to make this move. I leave the business in the hope that I have helped transform it into a digital led bank, combined with access to our fantastic colleagues when customers need it most. Though much has been accomplished, I believe we are now at the start line for what will be the most exciting transformation our business has ever gone through. Technology will continue to expand what we are able to deliver for our customers.
"Running the Retail bank has been one of my life’s greatest honours, and I will always be grateful to have had this opportunity. More than anything, being a part of this business is accepting a deep responsibility to the almost 18 million customers we serve. I know this ethic will continue to drive this business into the future."
Paul Thwaite, Group Chief Executive Officer at NatWest Group, said: "I’d like to thank David for his commitment and leadership over the last 4 and a half years. His focus on bringing together the best of technology and our colleague expertise has enabled us to grow our Retail business, while delivering for our customers. As a consequence, the Retail bank is now very well placed for the next phase of our strategy. David leaves with my best wishes and those of colleagues across the bank."
David has held the position since his appointment in September 2020. He joined NatWest from the Australian lender Westpac and previously held roles at The Commonwealth Bank of Australia and ANZ.