Tom McKillop, left the chair chairman of RBS, two months earlier than previously planned. This change in plans, authorizes Philip Hampton, chairman of J Sainsbury and current vice-chairman of RBS, will replace Tom McKillop immediately instead of waiting for the annual Board of Directors in April, as previously planned.
McKilop RBS is under pressure when he accepted a cash injection of £ 20 billion by the British government in October.
There is no reason to wait until April to make the switch if the replacement was already decided by a month. This abrupt departure after three years in office, a period in which what was one of the largest financial institutions has been forced to seek a new government
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