RBS says Ulster Bank CEO Brown to become boss of Williams & Glyn

April 28, 2015 10:20 AM

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LONDON, April 28 (Reuters) - Royal Bank of Scotland said it had appointed Jim Brown, currently boss of its Irish business, to replace John Maltby as chief executive of its Williams & Glyn business, which is due to become a new UK "challenger" bank.

RBS was ordered to sell Williams & Glyn, which comprises 314 branches and is focused on lending to small businesses, by European regulators as a condition of its 46 billion pound ($70 billion) government bailout during the 2007-09 financial crisis.

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