NatWest Group Announces Change in Group Chief Risk Officer

London | January 2026: NatWest Group has announced a change in its senior leadership, confirming that its Group Chief Risk Officer has stepped down from the role and has formally left the bank.

To ensure continuity in risk management leadership, Sean Pilcher has been appointed as Interim Group Chief Risk Officer. Pilcher brings extensive experience within NatWest Group, having previously served as Director of Risk for Commercial Banking and most recently as Chief Operating Officer for the Group Risk function.

Search for Permanent Successor Underway

The bank has stated that the process of identifying a permanent successor for the Group Chief Risk Officer position will now commence. During this transition period, NatWest affirmed that its risk governance framework and operational priorities remain firmly in place.

Significance of the Change

The role of Group Chief Risk Officer is central to overseeing enterprise risk management, regulatory compliance and financial stability. Leadership changes at this level are closely followed by stakeholders across the financial sector.

NatWest Group continues to focus on maintaining strong governance standards while supporting customers and shareholders in a dynamic global financial environment.