He takes on the newly-created position from 1 January 2027. 

The bank says the role reflects the strategic importance of Scotland to the Group and comes as it prepares to mark its 300th anniversary next year.

Mr Begbie will provide senior leadership for the bank in Scotland, helping bring together activity across the Group, deepen relationships with customers, government and stakeholders, and support the delivery of an ambitious Scotland strategy focused on growth, investment and long-term prosperity. 

He has spent almost five decades with the bank, having started his career at 16 in the Musselburgh Royal Bank of Scotland branch.

He has led Commercial & Institutional through a period of strong performance and strategic progress, helping strengthen NatWest Group’s position as Scotland and the UK’s biggest bank for business. In his new role, he will continue to support the Commercial & Institutional franchise as Senior Advisor. 

As Executive Chair, Scotland, Mr Begbie will work with leaders across the Royal Bank of Scotland to support the delivery of its business plans and raise the profile of the bank with its 2 million retail and 110,000 business customers, stakeholders, and the wider public.  

“Scotland matters a great deal to me and to the bank,” said Mr Begbie, the current CEO of Commercial & Institutional.

“Scotland has enormous ambition and opportunity. Whether it is supporting entrepreneurs and SMEs, helping mid-market firms grow, backing investment in infrastructure and energy, or strengthening communities, Royal Bank of Scotland has an important role to play.

“I am looking forward to working with colleagues, customers, government and partners across Scotland to build on our long-standing contribution and support the next chapter of growth.” 

Paul Thwaite, Group Chief Executive Officer, NatWest Group, said: “Robert brings deep experience, strong relationships and a personal connection to Scotland that few people can match. He has made an outstanding contribution to the bank over many years, and I am pleased he will continue to play such an important role for NatWest Group, our customers and colleagues.”