NatWest Group plc (NWG) Hires Ruari Phillips as Head of Venture & Growth Finance

NatWest Group plc (NYSE:NWG) is one of the Best Undervalued UK Stocks to Invest In. On February 23, NatWest Group plc (NYSE:NWG) announced the hiring of Ruari Phillips as Head of Venture & Growth Finance. The bank is expanding into specialized banking for high-growth startups and scale-ups through a new unit called NatWest Venture Banking, set to launch in April 2026.

​The Head of Venture & Growth Finance is a key leadership role to enhance the bank’s ability to provide venture debt and tailored financial support. Previously, Ruari Phillips was serving as Head of Strategic Capital at HSBC, where he led venture debt teams for companies at all growth stages. Phillips brings more than 13 years of experience from HSBC UK, Silicon Valley Bank, and Barclays. Management highlighted that he holds unique experience in complex debt deals, portfolio management, and helping firms from seed to exit.

​Phillips will report to Jenny Edwards, Head of NatWest Venture Banking, and will also collaborate with Greg Brown and Kim Martin to deepen ties with venture capital and provide holistic support.

​NatWest Group (NYSE:NWG), together with its subsidiaries, provides banking and financial products and services in the UK and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments.

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