What is the name of the Chief Executive of RBS who turned down his controversial £1million bonus in January 2012?
Royal Bank of Scotland Group turned down his own bonus shortly after. In June 2012 a failure of an upgrade to payment processing software meant that a substantial proportion of customers could not transfer money to or from their accounts. This meant that RBS had to open a number of branches on a Sunday – the first time that they had had to do this. RBS released a statement on 12 June 2013 that announced a transition in which CEO Stephen Hester would stand down in December 2013 for the financial institution "to return to private ownership by the end of 2014". For his part
2012 Hong Kong Chief Executive election 2012 Hong Kong Chief Executive election The 2012 Hong Kong Chief Executive election was held on 25 March 2012 to select the Chief Executive of Hong Kong (CE), the highest office in the Hong Kong Special Administrative Region (HKSAR), by a 1,193-member Election Committee (EC) to replace the incumbent Chief Executive. Won by the former non-official convenor of the Executive Council of Hong Kong Leung Chun-ying, the election was the most competitive as it was the first election with more than one pro-Beijing candidate since the 1996 election. The incumbent Chief Executive Donald Tsang, who served for the second half