Fred Goodwin

Scottish chartered accountant and former banker who was CEO of the Royal Bank of Scotland Group

Nº Q1885214 ★

Common · People

Fred Goodwin

Scottish chartered accountant and former banker who was CEO of the Royal Bank of Scotland Group

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From Wikipedia

Frederick Anderson Goodwin FRSE FCIBS (born 17 August 1958) is a Scottish chartered accountant and former banker who was chief executive officer (CEO) of the Royal Bank of Scotland Group (RBS) between 2001 and 2009. From 2000 to 2008, he presided over RBS's rapid rise to global prominence as the world's largest company by assets (£1.9 trillion), and fifth-largest bank by stock market value and its even more rapid fall as RBS was forced into effective nationalisation in 2008. On 11 October 2008, Goodwin officially announced his resignation as chief executive and an early retirement, effective from 31 January 2009 – a month before RBS announced that its 2008 loss totalled £24.1 billion, the largest annual loss in UK corporate history.

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