RBS names Alison Rose as CEO and Exec Director

Maria Nikolova

Alison Rose, currently Deputy CEO NatWest Holdings and CEO Commercial and Private Banking, will take the position on November 1, 2019.

london

Royal Bank of Scotland Group plc (LON:RBS) has earlier today announced the appointment of Alison Rose as Executive Director and Chief Executive Officer (CEO).

Alison Rose, currently Deputy CEO NatWest Holdings and CEO Commercial and Private Banking, will take up the new role on November 1, 2019 following an orderly handover. She will succeed Ross McEwan, who will formally step down as CEO on October 31, 2019.

Alison Rose

Alison Rose will also be appointed as Executive Director and CEO on the Boards of NatWest Holdings Limited, The Royal Bank of Scotland plc, National Westminster Bank Plc and Ulster Bank Limited.

Alison Rose has worked at RBS for 27 years and, prior to her current role, was Head of Europe, Middle East and Africa, Markets & International Banking. She is also a Non-Executive Director of Great Portland Estates plc, having been appointed in April 2018 and sits on the board of the Coutts Charitable Foundation.

Alison Rose is a passionate supporter of diversity and is the executive sponsor for the bank’s employee-led networks. She was invited by the UK Government to lead a review of the barriers to women starting a business, launched in March 2019, and champions NatWest’s Entrepreneur Accelerator programme, an innovative initiative supporting start-up businesses across the UK.

Alison Rose’s remuneration package includes a base salary of £1,100,000 per annum, a fixed share allowance set at 100% of salary and standard benefit funding of £26,250 per annum.

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