Stephen Hester is the CEO of which bank?
Stephen Hester received heavy criticism because it followed a £50bn taxpayer bailout of the banking sector. The Chancellor of the Exchequer, Alistair Darling, said he would not be "held to ransom". On 12 June 2013 Royal Bank of Scotland announced that Hester would be stepping down as CEO in December 2013, after five years with the bank. He had been brought in to help restructure the bailed-out bank in 2008, at the beginning of the global financial crisis. His leaving package would be in excess of £1.6m. On 4 February 2014, Hester joined RSA Insurance Group as CEO, replacing Simon Lee. Hester
Stephen Hester which he owns a chalet in Verbier, Switzerland. Hester also enjoys horse riding, and his first wife is a master of fox hounds in Warwickshire. He is quoted as having said: "It’s very important to keep our marriage together that I do the same as she does." Stephen Hester Stephen A. M. Hester (born 14 December 1960) is an English businessman and former banker, the chief executive officer (CEO) of RSA Insurance Group and former CEO of the RBS Group. Hester is the eldest son of Ronald, a chemistry professor at the University of York, and Dr Bridget Hester, a