Non-executive role for ex-agency chief
Wilson joins RBS board as Crombie steps down
Lena Wilson: new RBS director (photo by Terry Murden)
Lena Wilson, who has recently resigned as chief executive of Scottish Enterprise, is joining the board of Royal Bank of Scotland.
Ms Wilson held the top post at the government economic development agency since November 2009 until October this year.
Her appointment to RBS will help boost the gender balance on the board and introduce public sector experience.
It has also been announced that Sir Sandy Crombie, the former chief executive of Standard Life, will step down and that his role as chairman of the remuneration committee will be taken by Robert Gillespie. Mark Seligman becomes senior independent director.
Ms Wilson, who has been expected to take up non-executive roles since announcing her departure from Scottish Enterprise, was previously chief operating officer at the agency and chief executive of Scottish Development International (Scotland’s international trade and investment arm).
She also spent some in Washington as senior investment adviser to The World Bank, advising developing countries on foreign direct investment and private sector development.
Ms Wilson has also served as a member of Scotland’s Financial Services Advisory Board and as chairman of Scotland’s Energy Jobs Taskforce.
She has been a non-executive director and member of the audit committee of Intertek Group since 2012 and was appointed as a non-executive director of ScottishPower Renewables last month.
She is also an ambassador for The Prince & Princess of Wales Hospice (Glasgow) and the Edinburgh Military Tattoo, and served on the board of the Prince’s Scottish Youth Business Trust for 10 years. In June 2015, Dr Wilson received a CBE for her services to economic development in Scotland.
Howard Davies, chairman of RBS, said: “Sandy Crombie has made an outstanding contribution to the Board of RBS and we have benefitted greatly from his wisdom and experience. The board and I will miss Sandy’s presence as a much valued colleague and friend, and he leaves RBS with our very best wishes for the future.
“I am delighted that Robert Gillespie will be building on Sandy’s excellent work as chairman of the group performance & remuneration committee, and that Mark Seligman is assuming the pivotal role of senior independent director. Robert and Mark are both ideally suited to these positions, and I know they will have much to contribute. Mark will also join the group performance & remuneration committee.
“We are very pleased to welcome Dr Lena Wilson as a non-executive director. With her strong public sector and commercial background, I am confident that Lena’s appointment will further strengthen the RBS Board’s composition and we look forward to welcoming her to the Board.”