Fred Goodwin

Fred Goodwin

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Fred Goodwin

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Sir Frederick Anderson Goodwin CA, FCIBS (born 17 August 1958) is a Scottish chartered accountant and former banker who was chief executive of the Royal Bank of Scotland Group (RBS) between 2001 and 2009.

From 2000 until 2008 he presided over RBS's rapid rise to global prominence as the world's largest company (by assets - £1.9 trillion), FT Alphaville. Retrieved 20 January 2009. and its even more rapid fall as RBS was forced into effective nationalisation in 2008.

On October 11, 2008, Goodwin officially announced his resignation as Chief Executive and an early retirement, effective from January 31, 2009 - a month before RBS announced that its 2008 loss totalled £24.1bn, the largest annual loss in UK corporate history.The Guardian, 26 February 2009, Following the February 2009 disclosure of his approximately £700,000 per year pension award from RBS he was the subject of widespread public, political and media criticism.

Since January 2010, he has been employed as a senior adviser to RMJM, an international architecture firm.

Biography and career

Born in Paisley, Renfrewshire, Goodwin is the son of a Scottish electricianThe Times, 2 November 2003, and was the first of his family to go to...
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