RBS Mideast and Africa CEO Simon Penney Resigns From Bank
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Simon Penney, Royal Bank of Scotland Group Plc’s chief executive officer for the Middle East and Africa, resigned after 13 years at the bank.
Penney, based in Dubai, will be replaced by James Miller from RBS’s debt business in the U.K., said a bank spokeswoman, who asked not to be identified because of company policy. Penney will leave after a significant handover period, she said.