Board of directors’ biographies

Chairman
Sir George Mathewson Ø#
CBE, DUniv, LLD, FRSE, FCIBS
(age 61), was appointed a director in September 1987 and became Group Chief Executive in January 1992. In March 2000, he was appointed Executive Deputy Chairman and, in April 2001, he was appointed to his present position as Chairman. He is a former chief executive of the Scottish Development Agency and is a director of Santander Central Hispano, S.A. and The Scottish Investment Trust PLC. (Chairman of the Nominations Committee and the Chairman’s Advisory Group)

Vice-chairmen
Sir Iain Vallance Ø#
(age 58), was appointed a director in January 1993 and became a vice-chairman in March 1994. He is former chairman of British Telecommunications plc and a former non-executive director of Mobil Corporation. He is President of the Confederation of British Industry, a member of the President’s Committee and Advisory Council of Business in the Community and chairman of the European Advisory Committee to the New York Stock Exchange.

Sir Angus Grossart Ø#
CBE, LLD, FRSE, DL, FCIBS
(age 64), was appointed a director in September 1985 and became a vice-chairman in April 1996. He is chairman and managing director of Noble Grossart Limited. He is chairman of The Scottish Investment Trust PLC and deputy chairman of Edinburgh Fund Managers plc. He is a director of other public companies including Scottish and Newcastle PLC and Trinity Mirror Group PLC. He is a former chairman of the Trustees of the National Galleries of Scotland and is a Trustee of the National Heritage Memorial Fund.

Executive directors

Fred Goodwin #
DUniv, FCIBS, FCIB
Group Chief Executive
(age 43), was appointed Deputy Group Chief Executive in August 1998 and to his present position in March 2000. He was formerly chief executive and director, Clydesdale Bank PLC and Yorkshire Bank PLC. He is chairman of The Prince’s Trust: Scotland and a member of The Prince’s Trust Council, and is on the Council of Strathclyde Business School. He is a former president of the Chartered Institute of Bankers in Scotland.

Gordon Pell v
FCIB, FCIBS
(age 52), was appointed a director and Chief Executive, Retail Banking on 6 March 2000. On 1 October 2001, he was appointed to his current position as Chairman, Retail Banking and Wealth Management. He was formerly group director, Lloyds TSB UK Retail Banking before joining National Westminster Bank Plc as a director in February 2000.

Iain Robertson v#
CBE, FCIBS
(age 56), was appointed a director in January 1993 and became Chief Executive, Corporate Banking and Financial Markets on 6 March 2000. He was appointed to his present position as Chairman, Corporate Banking and Financial Markets on 1 October 2001. He is also a director of British Empire Securities and General Trust plc.

Lawrence Fish
(age 57), was appointed a director in January 1993. He is Chairman, President and Chief Executive Officer of Citizens Financial Group, Inc. He is also a director of Textron, Inc., a trustee of The Brookings Institution, a director of the Federal Reserve Bank of Boston, and a director of numerous community organisations in the USA.

Norman McLuskie v
FCIBS
(age 57), was appointed a director in June 1992 and is Chief Executive, Retail Direct.

Fred Watt #
FCIBS
(age 41), was appointed to his current position as Group Finance Director on 4 September 2000. He was formerly finance director, Wassall plc.

Non-executive directors

Emilio Botin
(age 67), is chairman of Santander Central Hispano S.A. He is also chairman of several Santander Central Hispano Group subsidiaries and a director of a number of Spanish companies.

Jim Currie †
(age 60), was appointed on 28 November 2001. He was formerly Director General at the European Commission with responsibility for the EU’s environmental policy and previously Director General for Customs and Indirect Taxation.

Juan Inciarte
(age 49), is a general manager of Santander Central Hispano in charge of Europe and financial companies of the group. He is also a director of several Santander Central Hispano Group subsidiaries and a number of Spanish companies.

Eileen Mackay †ov
CB
(age 58), was formerly principal finance officer at The Scottish Office. She is a director of Edinburgh Investment Trust plc, Scottish Enterprise Edinburgh and Lothian Limited and Scottish Financial Enterprise Limited. She is chairman of Trustees of the David Hume Institute and is a member of the Economic and Social Research Council, the Review Board of the UK Accountancy profession and the Court of the University of Edinburgh.

Cameron McLatchie
CBE
(age 55), is chairman and chief executive of British Polythene Industries PLC and formerly deputy chairman of Scottish Enterprise.

Sir Steve Robson o
(age 58), was appointed on 25 July 2001. He was formerly a senior civil servant, having retired in January 2001 as Second Permanent Secretary of HM Treasury, where he was managing director of the Finance, Industry and Regulation Directorate.

Bob Scott †Ø#
CBE
(age 60), was appointed on 31 January 2001. He is a former group chief executive of CGNU plc and chairman of the Board of the Association of British Insurers. He is also a non-executive director of Jardine Lloyd Thompson Group plc and a Trustee of the Crimestoppers Trust. (Chairman of the Remuneration Committee)

Peter Sutherland
(age 55), was appointed on 31 January 2001. He is chairman and managing director of Goldman Sachs International and non-executive chairman of BP plc.

Murray Stuart †ov
CBE
(age 68), is former chairman of Intermediate Capital Group PLC and of Scottish Power plc. He is a non-executive director of Old Mutual plc, CMG plc and a member of the Supervisory Board of Vivendi Environnement. (Chairman of the Personnel Committee)

Bill Wilson †oØ#
FCIBS
(age 64), is a Chartered Accountant. He was formerly deputy chairman of Alexander & Alexander Services Inc. His other public directorships include Edinburgh US Tracker Trust plc, First Title Insurance Company plc and Scottish Rugby Union Plc. (Chairman of the Audit Committee)

Secretary
Miller McLean #
FCIBS
(age 52), was appointed Group Secretary in August 1994 and Group Director, Legal and Regulatory Affairs and Group Secretary in March 2000. He is vice-chairman of Banco Santander, Portugal S.A. He is also a Trustee of the Industry and Parliament Trust, non-executive chairman of The Whitehall and Industry Group and a non-executive director of The Scottish Parliament and Business Exchange.

†              member of the Remuneration Committee
Ø             member of the Nominations Committee           
o              member of the Audit Committee       
#              member of the Chairman’s Advisory Group
v             member of the Personnel Committee