UK state-controlled bank Royal Bank of Scotland appoints Alison Rose as chief exeuctive. An insider makes sense but the new RBS CEO will have her hands tied, CGAThompson says in his view in August:
Royal Bank of Scotland will name Alison Rose as chief executive officer in the coming weeks, according to a Reuters report on Aug. 10, citing Sky News.
Rose is the head of RBS's commercial operation. Analysts have considered her a leading candidate to succeed Ross McEwan, who has been CEO since October 2013. In April the chairman of the state-controlled bank, Howard Davies, said the board would consider external as well as internal candidates.RBS shares were down by 0.7% at 203 pence by 0900 GMT on Aug. 12.
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