Changing of the guard at Scottish private bank

Scottish private bank Adam & Company, owned by Royal Bank of Scotland, has lost the services of its chairman Ray Entwistle, an executive for twenty-five years.

Entwistle was managing director of the bank when it was bought by Royal Bank of Scotland in 1993. He became non-executive chairman five years ago, when David Cathie was lured from National Australia Bank to become head of banking.

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