New General Counsel joins RBS

Royal Bank of Scotland (RBS) has announced the appointment of Michael Shaw as its new General Counsel.

The 73 per cent state-owned bank said Mr Shaw will be responsible for the oversight of a wide array of legal issues at the bank including litigation, competition, capital markets, corporate strategy, employment, and pensions as well providing support and advice for functions within the bank and for major projects and transactions.

He will bring a breadth of leadership experience in complex legal, regulatory compliance and company secretarial matters from both private practice and in-house environments. He was previously the Deputy General Counsel of Barclays for six years and before that a partner of law firm Herbert Smith and Joint Secretary to the UK Takeover Panel.

Commenting on his appointment, Mr Shaw said: “I’m delighted to be joining RBS and I’m looking forward to starting shortly and leading one of the most talented legal teams in the country.”

Ross McEwan, CEO of RBS said: “The bank already has a strong legal team doing a great job, and Michael’s leadership will bring fresh insight and perspective to the wide range of issues the bank deals with. I look forward to welcoming Michael to the Executive team.”

Mr Shaw will take up his post at RBS on 19 April.