'Rbs Behaved Badly but I Can Pull It Through Without State Ownership' ; Interview Sir Philip Hampton, Its Unflappable New Chairman, Says the Massively Devalued Bank Will Come Good Given the Right Management

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THE new chairman of Royal Bank of Scotland has not strayed. "I hope I've stayed the same," says Sir Philip Hampton. "I'm not a different person than I was growing up in Manchester and Sutton Coldfield. I still say castle not carstle and path not parth." This is his mantra. He doesn't do grandeur. He's not pompous and aloof, and as such he just might be in the vanguard of a new type of bank chairman, someone who can restore respect to a company and an industry that have plummeted in public estimation.

What's he like, I asked someone who works with him at Sainsbury's, where he's chairman. "He's completely unflappable.

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'Rbs Behaved Badly but I Can Pull It Through Without State Ownership' ; Interview Sir Philip Hampton, Its Unflappable New Chairman, Says the Massively Devalued Bank Will Come Good Given the Right Management

He never raises his voice. He loves to debate issues and problems." So it was yesterday. On the day when RBS was reeling from a 67% fall in its share price, the new boss wasn't ruffled.

It was not meant to be him. Mervyn Davies was lined up as the next RBS chairman, then Gordon Brown decided he wanted the Standard Chartered chairman in his governm...

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