NatWest Markets hires Fanning to cool down critics

NatWest Markets, the troubled investment banking arm of National

Westminster Bank, has brought in Gina Fanning as its new head of UK

media relations.

Fanning, who replaces Denise Coupe, joins from financial PR agency

Polhill Communications. She will be part of a 12-strong communications

team and will report to the head of corporate communications Patricia

Hamzahee.

Fanning joins at a crucial time as the NatWest Group is preparing to

review the NatWest Markets business. It is considering cutting back on

the capital it allocates to NatWest Markets following reported losses of

over pounds 70 million this year.

Fanning said: ’I have been brought on board to work closely with

business audiences and to ensure that the press still know about the

strengths of the business.’