RBS appoints new deputy CEO of NatWest Holdings

Royal Bank of Scotland has announced today that Alison Rose is to become the deputy CEO and a director of subsidiary NatWest Holdings (NWH), the bank’s ring fenced holding company.

CEO Ross McEwan said: “Alison has been doing a fantastic job leading our Commercial and Private Banking division and cementing our position as the UK’s biggest and best bank for business. Alison’s commitment and focus on our customers will also be a strong addition to Board discussions and decision-making and this appointment is a reflection of that.”

In her new role, Ms Rose will deputise for Ross McEwan both internally and externally, as appropriate, including at NWH ExCo.

She will also lead on key strategic projects.

The appointment will support the Board’s oversight of the bank’s ring fenced business.

She will be taking up the post in addition to her existing role as CEO of Commercial and Private Banking. Her new responsibilities will take effect from 3 December.