RBS chairman John McCormick to leave

He will be succeeded by Donald Workman, who has been appointed executive chairman RBS Asia Pacific.
Donald Workman
Donald Workman

John McCormick, group chairman and chief executive of Royal Bank of Scotland’s Asia-Pacific markets and international banking business, will be leaving the group later this year after 17 years at the bank, more than seven of which were spent in Asia.

During that time, he was involved in the integration of ABN Amro, the divestment of the retail and commercial banking business, and the restructuring of RBS’s markets and international banking business.

McCormick will be succeeded by Donald Workman, who has been named executive chairman, RBS Asia Pacific. Workman will begin the transition into this role immediately to ensure a smooth handover of...

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