Ross McEwanwill head Down Under after stepping down as boss of Royal Bank of Scotland with a sense that much of his to-do list has been ticked off.
Under his stewardship,RBShas returned to profit and paying dividends, while settling a multibillion-dollar sub-prime mis-selling case.
One of the biggest blots on the Kiwi’s copybook during his six-year tenure has been criticism of the bank’s response to a series of small business lending scandals, particularly his handling of the mistreatment of companies by the Global Restructuring Group, the lender’s now-notorious restructuring unit. Mr McEwan, 62, who takes over at National Australia Bank in December, has said that the GRG issue has been more damaging to the bank’s reputation than any other.
Yet there was…
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