ONE of Scotland’s best known bankers, Ken Barclay, is leaving Royal Bank of Scotland after almost 40 years with the group.
It is understood Mr Barclay wants to consider other possibilities after a career that has made him a familiar face on the corporate scene in Scotland.
Mr Barclay has spent the last three years as chair of the bank’s board in Scotland. The role has involved helping ensure RBS maintains its strong position in the market for lending to businesses, including small and medium sized enterprises.
Before becoming chairman of RBS in Scotland, Mr Barclay played a key role in developing the corporate banking business, which is one of the main profit engines at RBS.
As managing director for Corporate Coverage in the UK from January 2010 to June 2012, Mr Barclay led an operation that lent to firms with turnover of more than £25m from 19 centres across the country.
Mr Barclay ran the Corporate and Institutional Banking operation in Scotland from January 2007 to December 2009.
Other big jobs he has had included running Royal Bank’s corporate banking business in Asia Pacific and creating and leading the Technology, Media and Telecoms banking business in the UK and continental Europe.
Mr Barclay joined Royal Bank of Scotland after attending Paisley Grammar from 1971 to 1976. Controversial former Royal Bank chief executive Fred Goodwin also attended Paisley Grammar.
The bank declined to comment. Mr Barclay could not be contacted for comment.
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