Royal Bank of Scotland’s non-executive director John Hughes is stepping down from the board due to ill health, just two months after he joined.

Mr Hughes is a former UK head of banking for KMPG, and also served as a member of the Audit and Assurance Council (formerly the Auditing Practices Board) of the Financial Reporting Council for six years.

RBS chairman Sir Howard Davies said: “It is unfortunate that John Hughes has had to step down from the Board.

“He has made a great contribution in his brief tenure and we wish him all the best for the future and a speedy recovery.”