NatWest Group plc has announced a significant change in its board of directors. Mark Seligman, the Senior Independent Director, has decided not to seek re-election to the board at the Annual General Meeting in April 2025. Additionally, Ian Cormack, the Senior Independent Director of NatWest Holdings Limited, will be stepping down from the board of NWH. These changes mark a significant shift in the leadership of the company.
The departure of Mark Seligman and Ian Cormack from their respective roles will undoubtedly impact the board's composition and dynamics. This move may also lead to the appointment of new directors, potentially bringing fresh perspectives and expertise to the company's leadership team.
This announcement signifies a notable transition within NatWest Group plc's governance structure. The company's Investor Relations Director, Claire Kane, and the Media Relations team are available for further information regarding these changes. This news may have implications for the company's future strategies and decision-making processes, making it an important development for stakeholders and investors to monitor closely.