NatWest investors to scrutinise pay in last AGM before full privatisation

This week marks a historic chapter for NatWest as it hosts its final annual shareholder meeting before fully returning to private ownership, with the government set to divest its remaining stake in the bank. The event takes place at Gogarburn, once a symbol of excess during the 2008 bailout, where CEO Paul Thwaite has emphasized a cautious approach to risk and growth. While the government’s £46bn investment will yield only about £25bn, NatWest executives are poised for bigger paydays as the bank transitions to private control, with bonuses tied to potential share price gains.