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POST TIME: 21 September, 2019 00:00 00 AM
UK bank RBS names Alison Rose as chief executive
AFP, London

UK bank RBS names Alison Rose as chief executive

Britain’s bailed-out Royal Bank of Scotland yesterday appointed long-serving banker Alison Rose as chief executive, making her the first female chief of a major UK lender.

Rose, currently deputy head of both NatWest Holdings and the bank’s commercial and private banking, business, will replace Ross McEwan on November 1, the company said in a statement. “I am delighted that we have appointed Alison as our new CEO,” said RBS Chairman Howard Davies.

“She brings extensive experience and a track record of success from her previous roles at the bank. Rose, who has worked at the Edinburgh-based giant for 27 years, takes the helm amid a period of heightened global turmoil that includes Brexit, the US-China trade war and faltering economic growth.