Cameron lands role with top City recruiter
JOHNNY Cameron, the former RBS banker who shouldered much of the blame for the bank’s huge losses last year, has landed a job as a part-time adviser with headhunting firm Odgers Berndtson.
Cameron, who was effectively barred from taking a senior role at another company by the Financial Services Authority (FSA) earlier this year, will help the firm recruit executives on behalf of large City firms.
Odgers Berndtson is the firm hired by UK Financial Investments (UKFI) – the body which manages the government’s stakes in part-nationalised banks – to search for a new chief executive, following the impending departure of John Kingman.
But a spokesman for UKFI said yesterday that Cameron would not be involved in the hunt for a successor to Kingman.
Cameron, the former head of the global and business markets division which inflicted much of RBS’ pain, was in talks over a role with investment bank Greenhill earlier this year, but the FSA signalled that it would not approve his appointment.
He left RBS amid the depths of the banking crisis last year, attracting criticism for his annual pension of more than £60,000.