RBS on Tuesday said its Board Finance Director Guy Robert Whittaker will leave the bank later this year.

He is expected to leave by October until it found a successor, however its role and responsibilities remains unchanged, the company said.

It is with sadness we reach this parting with Guy and typical of him to agree to serve a full transition period. Guy has held one of the most demanding roles at RBS, said Stephen Hester, RBS Chief Executive, Guy leaves RBS with my thanks and support and we wish him well in the future once his time here comes to a close.

British, Whittaker join RBS on February 1, 2006 with annual compensation of £829,000 voluntarily agreed to step down its position.

It also appoints ex-Lehman Brothers executive, Kaushik Amin, for RBS Sempra Energy Chief Executive Officer after David Messer has resigned last month, according to the Reuters report.

Shares of RBS rose to €4.00 to 9.9 percent at €48 or $14.66 in the regular trading.