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The Royal Bank of Scotland this week revealed that its search for a new Chief Executive has concluded and that Alison Rose will take the position, replacing outgoing head Ross McEwan – who filled the role since 2013. Rose is not only the first female leader for RBS, she’s also now officially the first woman to lead a major UK bank.
Rose, who will start in her new position as Chief Executive and Executive Director of the Boards of RBS, Natwest, National Westminster Banka and Ulster Bank on November 1, climbed through the ranks into increasingly senior positions over the last three decades within RBS. Prior to her new appointment, she served as Head of Europe, Middle East and Africa for Markets and International Banking.
“It is a huge honour to have been appointed as the new CEO of RBS and I am looking forward to getting started. As one of the oldest and most important financial institutions in the UK, we have a key role to play in supporting the economy and championing the potential that exists across the country,” she told the press, as reported by City AM.
“I am delighted that we have appointed Alison as our new CEO,” added RBS Chairman Howard Davies. “She brings extensive experience and a track record of success from her previous roles at the bank. Following a rigorous internal and external process, I am confident that we have appointed the best person for the job,” he concluded.
