NatWest has appointed Stuart Foster as its new Managing Director of Financial Institutions, which is part of the banking group’s Commercial and Institutional business.
In his role, Stuart (pictured) will bring all institutional customers across NatWest Group into one franchise to deliver greater value to all stakeholders.
Prior to this appointment, Stuart led the Institutional Banking business at RBS International, part of NatWest Group, where he was responsible for delivering the institutional banking strategy while serving on the Board of NatWest Trustee and Depositary Services.
Stuart first joined NatWest Group over 20 years ago and has held a number of management positions within the firm. These include Managing Director for Financial Institutions, Professional Services, Education and Charities, and senior roles in Large Corporate Banking, Real Estate and Structured Finance.
Commenting on his new role, Stuart said: ‘’It is an honour to be taking on this new role and it’s a fantastic opportunity to bring together our institutional customers across NatWest Group into a single franchise. By doing so we’re able to bring the best of the whole bank to our customers and further support their growth ambitions.”
Congratulating Stuart on his appointment, Paul Thwaite Chief Executive Officer, Commercial & Institutional, said: “This appointment is thoroughly deserved and a testament to Stuart’s success at RBS International. It is also a reflection of the achievements of his team in growing the business in recent years. I’m looking forward to working closely with Stuart as we deliver the next phase of our strategy.’’
Stuart’s successor at RBS International will be announced in due course.