Ex-NatWest Chief Will Get £2.4m Payout After Resigning Over Farage Row

Ex-NatWest Chief Will Get £2.4m Payout After Resigning Over Farage Row
File photo of Dame Alison Rose, dated Feb. 14, 2020. Nicholas T. Ansell/PA Media
Evgenia Filimianova
Updated:
0:00

Ex-NatWest boss Dame Alison Rose will receive a £2.4 million severance package following her resignation over the handling of the closure of Nigel Farage’s bank account.

Dame Alison stepped down as NatWest’s chief executive in July and is currently serving her 12-month notice period, as stipulated in her employment contract. Her severance package, according to the bank, includes £1.155 million in salary for the year, £1.155 million in NatWest shares, and £115,566 in pension payments.

Evgenia Filimianova
Evgenia Filimianova
Author
Evgenia Filimianova is a UK-based journalist covering a wide range of national stories, with a particular interest in UK politics, parliamentary proceedings and socioeconomic issues.
Related Topics