Sir Tom McKillop has resigned from BP.
RBS was one of the few British banks who dabbled in the derivatives gambling.
McKillop was at Bilderberg last year when the bailouts were being planned, and has tried to defend his puppet Sir Fred Goodwin and his astronomical pension.
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From http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article6018611.ece
Sir Tom McKillop heads off the storm by resigning from BP
Patrick Hosking, Financial Editor, and Miles Costello
Sir Tom McKillop, the former chairman of Royal Bank of Scotland (RBS), yesterday quit the board of BP, the oil giant.
Sir Tom, who chaired RBS in the three years leading up to its collapse, told BP that he wanted to retire and would not stand for re-election. He served on BP's remuneration committee, earning £95,000 last year.
His departure comes amid mounting opposition to his election for a further term. Individual and institutional shareholders threatened to vote against the appointment.
Many small investors in BP, bruised by the implosion at RBS, now majority-owned by the taxpayer, had already sent in their votes against him. Leading institutional investors have previously told The Times that they were considering a veto.
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