RBS's Alison Rose, Chief in Waiting, Given Additional Role

(Bloomberg) -- Royal Bank of Scotland Group Plc’s most senior female banker, Alison Rose, will become deputy chief executive officer of its ring-fenced holding company as she adds to her growing responsibilities.

• Rose, who had been seen as an eventual potential successor for Chief Executive Officer Ross McEwan, will take on her new role from Dec. 3
• She would potentially become the bank’s first female CEO and currently looks after the growing commercial and private banking business.
• Naming Rose as CEO would be a choice for continuity. She has only ever worked at RBS and one of its predecessor firms, National Westminster Bank, since joining the latter after university in 1992. The Briton, who is in her late 40s, now leads a business that has generated about a third of the bank’s revenue.

To contact the reporter on this story: Stefania Spezzati in London at sspezzati@bloomberg.net

To contact the editors responsible for this story: Ambereen Choudhury at achoudhury@bloomberg.net, Keith Campbell

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