RBS Likely to Appoint Alison Rose as Its Next CEO, Sky Says

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(Bloomberg) -- Royal Bank of Scotland Group Plc may appoint Alison Rose as chief executive officer, succeeding Ross McEwan, possibly as soon as next week, Sky News reports, citing unidentified people in the industry.

Rose, currently deputy CEO of Natwest Holdings Ltd., would be the first woman to head a major U.K. high-street bank, Sky said.

RBS Likely to Appoint Alison Rose as Its Next CEO, Sky Says

Banking regulators are considering the state-owned lender’s application to appoint Rose to the CEO position, according to the report.

An RBS spokesman, in an emailed statement to Bloomberg News, said the process to appoint McEwan’s successor is “ongoing.” The bank said its next CEO will be confirmed in due course, once an appointment has been made.

In April, RBS announced it would begin an external and internal search after McEwan said he would leave the lender within a year. Last month, McEwan was named head of National Australia Bank.

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