2 August 2013 Last updated at 02:05 ET
Royal Bank of Scotland has confirmed that Ross McEwan, the current head of the bank's retail arm, is to take up the role of chief executive.
Mr McEwan will take up the role at the start of October.
In June, incumbent Stephen Hester said he would step down after five years in the role.
Source: BBC News - Business http://www.bbc.co.uk/news/business-23545100#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
