Newspaper article The Evening Standard (London, England)

THE RBS DIRECTORS: DID THEY TAKE THEIR EYES OFF THE BALL? on the Board: RBS Chairman Sir Tom McKillop, Global Markets Chairman Johnny Cameron, Mark Fisher - Chairman Managing Board ABN Amro, and Non-Executive Directors Charles Koch and Stephen Hester Standing Down: Sir Fred Goodwin's Departure Was a Condition of the RBS Bail-Out

Newspaper article The Evening Standard (London, England)

THE RBS DIRECTORS: DID THEY TAKE THEIR EYES OFF THE BALL? on the Board: RBS Chairman Sir Tom McKillop, Global Markets Chairman Johnny Cameron, Mark Fisher - Chairman Managing Board ABN Amro, and Non-Executive Directors Charles Koch and Stephen Hester Standing Down: Sir Fred Goodwin's Departure Was a Condition of the RBS Bail-Out

Article excerpt

Byline: JONATHAN PRYNN, ELLEN WIDDUP

SIR TOM MCKILLOP Title: Chairman Age: 65 Pay last year: ?750,000 Board meetings attended: 9 out of 9 Eye on the ball rating: 2 Career background: Pharmaceuticals with little banking experience. Under fire for utterly failing to rein in his gung-ho chief executive as the warning signs of global financial catastrophe gathered. Fully paid up member of Scottish financial mafia who famously defended his fellow directors with the words: "There are no patsies on this board." Another comment that has come back to haunt him: "It is easy to blow money away on stupid deals." SIR FRED GOODWIN Title: Chief executive Age: 50 Pay last year: ?4.19 million Pension fund: ?8.37 million Board meetings attended: 9 Eye on the ball rating: 0 Career background: Will be remembered for over-weening arrogance that led to destruction on a massive scale. An autocrat whose dominance meant that decisions were taken on the basis of the question "will Sir Fred like it" and not "is it good for the business". Relished his nickname Fred the Shred but with last year's ?50 billion ABN deal he signed his career death warrant.

COLIN BUCHAN Title: Non-executive director Age: 53 Pay last year: ?122,000

Board meetings attended: 8 Eye on the ball rating: 3 Career background: Career banker with experience at UBS, Warburgs, Standard Life and Merrill Lynch. A senior member of the Scottish financial establishment who is a director of the Royal Scottish National Orchestra. Investors will ask how much he did to flag up the enormous risks the bank was running.

JOHNNY CAMERON Title: Chairman, Global Markets Pay last year: ?3.256 million Pension fund: ?931,000 Board meetings attended: 8 Eye on the ball rating: 1 Career background: One of Sir Fred's closest lieutenants. Was widely seen as Sir Fred's successor, so not likely to rock the boat. Responsible for the integration of ABN Amro and said he had 118 tasks on his "to do list" after the takeover last year.

Keeping an eye on the deteriorating global banking climate did not appear to be one of them. Famously had a huge fish tank installed in his London office.

JIM CURRIE Age: 66 Title: Non-executive director Pay last year: ?85,000 Board meetings attended: 9 Eye on the ball rating: 2 Career background: A long-serving board member and former Brussels Eurocrat in charge of the EU's environmental policy.

No background in banking but a member of the remuneration committee that showered such generous largesse on Sir Fred and the other directors.

LAWRENCE FISH Age: 63 Title: Non-executive chairman, BBS America and Citizens Financial Group Pay last year: ?1.253 million Pension fund: $24.1 million Board meetings attended: 9 Eye on the ball rating: 1 Career background: One of Britain's bestpaid directors but rarely seen at the bank's Edinburgh headquarters. Went part-time earlier in May, 15 years after joining the board. A career banker whose US bank Citizens was bought by RBS in 1986.

Earned ?7.5 million in 2006 and ?6.6 million in 2005.

MARK FISHER Age: 48 Title: Chairman, managing board ABN Amro Pay last year: ?2.358 million Pension fund: ?4.562 million Board meetings attended: 9 Eye on the ball rating: 3 Career background: A career banker who has been with the group since 1981 and one of the few former NatWest survivors at the top of RBS. In charge of ABN Amro after the takeover and seen as having an outside chance of succeeding Sir Fred.

BILL FRIEDRICH Age: 59 Title: Non-executive director Pay last year: ?100,000

Board meetings attended: 9 Eye on the ball rating: 3 Career background: A career lawyer who joined British Gas as general counsel in 1995. In 2000 he became deputy chief executive of BG, the successor company. In 2005 Legal Business magazine named him as the highest paid general counsel among the 100 largest UK companies, with a package totalling about ?1 million.

STEPHEN HESTER Title: Non-executive director Age: 47 Pay last year: N/A Board meetings attended: N/A Eye on the ball rating: 9 Career background: One of a trio of outsiders appointed to the board in August as a response to City anger about the lightweight RBS board. …

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