Supplementary written evidence submitted by RBS (RBS0002)

In his response to Mr Hosie’s question about staff of “senior manager grade”, Mr McEwan was referring to the most senior management grade, when he advised that two remain in the bank. There were six executives on the GRG Management Committee; one is the current Head of Restructuring and one is in another executive role in the bank, outside of Restructuring. The other executives are no longer with the bank.

To provide further clarification, in relation to other staff in restructuring, including those at a senior manager grade:

• In December 2013 (i.e. at the end of the period covered by the s.166 review) there were 1021 employees in GRG, including 157 at senior manager grade or above.
• There are currently 182 employees in Restructuring of whom 136 previously worked in GRG.
• 32 of the current employees are at senior manager grade or above. 30 of the 32 were formerly in GRG. The current head of the team that supports SME customers in financial difficulty did not previously work in GRG.

All current employees have been fully engaged in Restructuring’s transformation programme, including extensive changes to culture, policies and practices over the past 4 years, following a review of Restructuring’s strategy, mandate and operating model.

February 2018