Fred Goodwin

Fred Goodwin

Frederick Anderson Goodwin (born 17 August 1958) is a Scottish chartered accountant and former banker who was chief executive of the Royal Bank of Scotland Group (RBS) between 2001 and 2009.

From 2000 until 2008 he presided over RBS's rapid rise to global prominence as the world's largest company by assets (£1.9 trillion), and fifth-largest bank by stock market value and its even more rapid fall as RBS was forced into effective nationalization in 2008.

On 11 October 2008, Goodwin officially announced his resignation as chief executive and an early retirement, effective from 31 January 2009 – a month before RBS announced that its 2008 loss totalled £24.1 billion, the largest annual loss in UK corporate history.

Goodwin was knighted in 2004 for his services to the banking industry. However, on 1 February 2012, Goodwin's knighthood was "cancelled and annulled" by the Queen on the advice of her government and the Honours Forfeiture Committee.

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Industry/Domain: Timepieces Category: Watches

Cosmograph Daytona

An iconic chronograph that was born to race. The trophy for every winner of Le Mans and the Rolex 24 At Daytona. Equipped with a tachymetric scale on ...