RBS picks Alison Rose as new CEO – reports

Alison Rose

Royal Bank of Scotland (RBS) has selected Alison Rose as its next chief executive — an appointment which would make her the first woman to lead a major UK bank.

Several news reports said Rose will be confirmed in the next week or two as the successor to Ross McEwan, who is leaving RBS soon to be CEO of National Australia Bank.

RBS, still 62% owned by the UK taxpayer after its £45.5 billion bailout during the 2008 financial crisis, also has a female chief financial officer, Katie Murray.

Rose has worked at RBS for more than 25 years and runs its commercial arm.

Other candidates for the top job at RBS are understood to have included RBS chief operating officer Mark Bailie and Ian Stuart, who runs HSBC’s UK bank.

RBS said on Saturday: “The process to appoint Ross McEwan’s successor is ongoing.

“Our next CEO will be confirmed in due course, once an appointment has been made.”‎ ‎

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Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.