Mazzucchelli steps down at RBS
Marco Mazzucchelli, deputy chief executive of global banking and markets at RBS, is giving up his executive responsibilities and will take a new role as non-executive chairman of the bank's EMEA advisory council in July. The move was announced in a memo to staff from GBM chief executive John Hourican on Wednesday evening, released as he was returning to London from the bank's AGM in Scotland.
Speculation had grown over Mazzucchelli's future after he suffered a broken leg in a skiing accident in January and had still not returned to work after several months.
Mazzucchelli's move could also herald other changes: some bankers have speculated that extra responsibilities may be given to Richard Bartlett, head
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