Before taking on the chief executive role, McEwan was the head of the bank’s retail division.
As part of his recruitment, RBS agreed to match shares McEwan forfeited upon leaving Commonwealth Bank of Australia, where he had run its retail arm for five years.
In a stock exchange announcement, RBS said that 454,106 shares had vested at a price of £3.402, worth £1.54m.
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image: © Elliot Brown