Francesca McDonagh named among potential successors to NatWest chief after Farage scandal

Alison Rose stepped down on Wednesday after admitting to a “serious error in judgment”

McDonagh, who held the top job at Bank of Ireland between 2017 and 2022, is well-regarded inside and outside the financial services industry. Picture: Naoise Culhane

Francesca McDonagh, the former chief executive of Bank of Ireland, has been tipped as a potential candidate to succeed Alison Rose as head of NatWest.

The UK’s largest bank confirmed on Wednesday that Rose would step down from her position at the helm of the lender after admitting to a “serious error in judgment” when she discussed politician Nigel Farage’s relationship with private bank Coutts with a BBC journalist.

Focus has now turned to Rose’s ...