Airports Commission chairman Sir Howard Davies is being widely tipped to become the new chairman of Royal Bank of Scotland.
The man leading the government’s review into expanding the UK’s airport capacity could be announced in the role at the taxpayer-owned bank as early as its annual results on Thursday, according to the Financial Times.
Sir Howard is a former head of the now-defunct Financial Services Authority.
The Airports Commission is due to make its recommendations on where to build a new runway this summer, following the general election in May.
Sir Howard is unlikely to take up his role until after the commission reports.
RBS has been looking for a new chairman since last summer, when Sir Philip Hampton said he was leaving the bank for GlaxoSmithKline in September.
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