New role for ex-RBS chief

A FORMER deputy to Sir Fred Goodwin at the Royal Bank of Scotland, who received a massive pension payout, has returned to a new job in the same group.

Gordon Pell, 60, left his post as deputy chief executive at RBS in March with a 580,000 pension.

He has been made deputy chairman at Coutts, the private bank owned by RBS, it was reported today. His salary is estimated to be 30- 40,000, but it is understood he will donate this to charity.