Alison Rose (banker)

Alison Rose (born 1969) is a British banker, and chief executive (CEO) of NatWest Group since November 2019; she is the first woman to lead a major UK lender.

Alison Rose
Born1969 (age 50–51)
NationalityBritish
EducationDurham University
OccupationBanker
TitleCEO, NatWest Group
TermNovember 2019-
PredecessorRoss McEwan
Spouse(s)Married
Children2

Early life

Rose was born in 1969.[1] She grew up overseas in a military family.[2][3] She earned a bachelor's degree in History from Durham University.[4][2]

Career

She started her career as a graduate trainee with National Westminster Bank in 1992.[4]

Rose was appointed a member of RBS' executive committee on 27 February 2014.[5] In October 2014, as head of commercial and private banking at RBS, she announced a new plan for the bank to bring more women in decision-level and board-level positions.[6] In August 2015, she encouraged her managers to reconnect with the SMBs part of their clientele.[7]

In September 2018, she was nominated to lead the Treasury's review focusing on barriers for women in business.[8][9] The Rose Review found that just one in three UK entrepreneurs is female and only one per cent of venture funding goes to all-female teams. [10] In November 2018, she became deputy chief executive of NatWest Holdings.[11][12]

In March 2019, the UK Government published a policy paper, the Alison Rose Review of Female Entrepreneurship.[9][13] In April 2019, Rose was "widely-tipped" to succeed Ross McEwan as CEO.[4][11][14]

Rose was the chief executive of commercial and private banking at Royal Bank of Scotland Group and deputy chief executive of NatWest Holdings.[4][15] In September 2019, it was announced that she succeed Ross McEwan as CEO of RBS Group on 1 November 2019, making her the "first woman to lead major UK lender".[16] RBS Group was re-named NatWest Group in 2020.

External appointments

Non-executive Director of Great Portland Estates plc, Chair of the McLaren / Deloitte Advisory Council and sits on the board of Coutts Charitable Foundation.[17]

Personal life

Rose is married, with two children, a daughter and a son.[4][3] She and her husband live in Highgate, London.[3]

References
  1. "Alison Rose". RBS. Retrieved 1 November 2019.
  2. "The Big Interview: Alison Rose, highest-ranking woman in RBS". www.scotsman.com. Retrieved 25 April 2019.
  3. "Secrets of my success: RBS private banking boss Alison Rose". Evening Standard. 25 August 2016. Retrieved 25 April 2019.
  4. "The most powerful woman in UK banking unveils her plans for the future". HeraldScotland. Retrieved 25 April 2019.
  5. "Alison Rose | RBS". www.rbs.com. Retrieved 26 April 2019.
  6. Treanor, Jill (3 October 2014). "RBS wants more women in senior roles". The Guardian. ISSN 0261-3077. Retrieved 26 April 2019.
  7. Wallace, Tim (9 August 2015). "RBS bosses ordered to go out and meet small firms". ISSN 0307-1235. Retrieved 26 April 2019.
  8. "Treasury launches review into barriers for women in business". GOV.UK. Retrieved 26 April 2019.
  9. "'I started a business accidentally'". 8 March 2019. Retrieved 26 April 2019.
  10. "Women's work: interview with RBS's Alison Rose". Holyrood Website. 4 October 2019.
  11. "Alison Rose's move sparks RBS chief chatter". Evening Standard. 14 November 2018. Retrieved 25 April 2019.
  12. "UPDATE 1-RBS high-flier Alison Rose takes on NatWest Holdings job..." Reuters. 14 November 2018. Retrieved 26 April 2019.
  13. "The Alison Rose Review of Female Entrepreneurship". GOV.UK. Retrieved 25 April 2019.
  14. Treanor, Jill (28 April 2019). "Rose's moment to bloom". The Sunday Times. ISSN 0956-1382. Retrieved 30 April 2019.
  15. Driscoll, Margarette (30 October 2018). "Alison Rose on the price of being a successful woman in finance". Retrieved 25 April 2019 – via www.telegraph.co.uk.
  16. Jones, Huw (20 September 2019). "Alison Rose gets top job at RBS, first woman to lead major UK lender". Reuters. Retrieved 1 November 2019.
  17. "Alison Rose | RBS". www.rbs.com.
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