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RBS concludes search for new CEO

RBS concludes search for new CEO

(20 September 2019 – United Kingdom) RBS has appointed Alison Rose as the bank’s chief executive, becoming the first woman to lead one of the UK’s top banks.

Ms Rose will succeed Ross McEwan who was announced as the new CEO at National Australia Bank earlier in the year.

The state-owned lender will become the only company in the FTSE 100 index with women in both its top two executive positions, following Katie Murray’s appointment as chief financial officer last year.

Ms Rose, who currently leads RBS’ commercial and private banking business will take on the top tole from November. Ms Rose had long been seen as the favourite to succeed Mr McEwan, particularly after she was made deputy head of the holding company that owns most of RBS’s business last year.

Howard Davies, RBS chairman, said: “I am delighted that we have appointed Alison as our new CEO. 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.”

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