202:, in 1987 as director of strategic planning and development. When Mathewson became RBS's chief executive in 1992 the bank had been severely weakened by bad debts arising from poor lending decisions. To get the bank onto an even keel, Mathewson commissioned 'Project Columbus', which transformed the processes and structure of RBS's UK retail banking operations and included a tightening of credit controls, a focus on sales and a modernisation of processes and management.
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186:, then called Industrial and Commercial Finance Corporation (1972–81). He was chief executive of the state-funded economic regeneration organisation the Scottish Development Agency (now called
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182:(1967–72). He was attracted back to Scotland by the opening up of the North Sea to oil exploration and joined venture capital group
174:
Mathewson started his career as a lecturer at St
Andrews University where he did a PhD, before moving to United States to work for
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in
February 2000. Soon after the NatWest acquisition, Mathewson stepped down as RBS's CEO, handing the reins to his deputy
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In 1966, Mathewson married Sheila
Alexandra Graham Bennett, daughter of Eon Bennett, and has two sons. She died in 2023.
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The defining moment of
Mathewson's career came with the £21 billion takeover of the much larger UK bank
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Mathewson joined the Royal Bank of
Scotland, which is headquartered in the Scottish capital city of
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100:(born 14 May 1940) is a Scottish businessman. He is best known for transforming the Scottish bank
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from a struggling regional player into a quasi global bank with parallels to
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Sir George
Mathewson, Chairman, Royal Bank of Scotland Group, 2001–06, 73
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for services to economic development in
Scotland and banking.
334:"Business profile: Dynasty ends as a banking royal abdicates"
272:(107 ed.). Burke's Peerage & Gentry. p. 2646.
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141:, the son of George Mathewson, an electrical engineer from
395:. No. 74137. London. 1 July 2023. col 2, p. 74.
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Members of the Board of
Directors of the Banco Santander
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145:, and Charlotte Gordon Ross. He was educated at
463:Commanders of the Order of the British Empire
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269:Burke's Peerage, Baronetage & Knighthood
221:Mathewson was appointed a Commander of the
380:(Supplement). 31 December 1998. p. 2.
360:(Supplement). 31 December 1984. p. 8.
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433:Alumni of the University of St Andrews
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488:21st-century Scottish businesspeople
483:20th-century Scottish businesspeople
448:Alumni of the University of Dundee
194:Royal Bank of Scotland (1987–2000)
125:He was the convener of Scotland's
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458:People educated at Perth Academy
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300:. 14 May 2013. Archived from
127:Council of Economic Advisers
223:Order of the British Empire
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443:Canisius University alumni
118:, as "banking's answer to
112:. He was described by the
102:The Royal Bank of Scotland
428:Scottish chief executives
229:. He was knighted in the
207:National Westminster Bank
84:Sir George Ross Mathewson
151:University of St Andrews
133:Early life and education
65:University of St Andrews
423:People from Dunfermline
391:"Mathewson". Register.
137:Mathewson was born in
231:1999 New Year Honours
227:1985 New Year Honours
190:) from 1981 to 1987.
32:George Ross Mathewson
438:NatWest Group people
22:Sir George Mathewson
338:The Daily Telegraph
188:Scottish Enterprise
377:The London Gazette
357:The London Gazette
178:as an engineer in
74:Transformation of
294:"Birthdays today"
180:Buffalo, New York
120:Bruce Springsteen
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306:. Retrieved
302:the original
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211:Fred Goodwin
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170:Early career
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413:1940 births
372:"No. 55354"
352:"No. 49969"
139:Dunfermline
49:Dunfermline
42:14 May 1940
407:Categories
245:References
55:, Scotland
38:1940-05-14
393:The Times
200:Edinburgh
106:Citigroup
149:and the
217:Honours
308:12 May
276:
165:Career
159:Dundee
143:Perth
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93:FCIBS
91:
310:2014
274:ISBN
110:HSBC
97:FRSE
53:Fife
28:Born
157:in
122:".
108:or
89:CBE
76:RBS
409::
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321:^
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253:^
184:3i
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36:(
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