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NatWest appoints David Grunwald as innovation director

By Alexandra Leonards

NatWest Group has announced that it is appointing David Grunwald as director of innovation and partnerships.

Grunwald is joining the bank from venture capital company ARIE, which works with start-ups in EMEA and Asia. He has also previously worked at fashion tech platform Farfetch.

In the newly created role of innovation director, he will focus on how the bank carries out its strategy through partnerships and innovation.

“We’re delighted to have someone with David’s expertise joining us at a time when serving our customers in new ways to offer great experiences, powered by industry-leading partnerships and innovation is key to helping us unlock our growth potential,” said Scott Marcar, group chief information officer.

Grunwald will be working closely with the services and the strategy, corporate development and sustainability leadership teams, and will report to Scott Marcar and Matt Austen, director of strategy, corporate development & sustainability.

“It is a tremendous privilege to be joining NatWest Group at such an important time for the bank and its customers,” said David Grunwald, director of innovation and partnerships, NatWest Group. “The bank has an ambitious strategy built on one clear purpose: championing potential, helping people, families, and businesses to thrive and I am looking forward to driving forward this ambition through partnerships and innovation in order to develop deeper relationships with the bank’s 19 million customers at every stage of their lives.”

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