Business World

Friday 15 November 2019

Rose to the challenges: New RBS chief vows action on climate threat

Alison Rose. Photo: PA
Alison Rose. Photo: PA

Royal Bank of Scotland's new CEO Alison Rose has made tackling the threat of climate change one of the bank's priorities of her tenure.

Ms Rose takes over from Ross McEwan just a week after RBS's third-quarter profit was wiped out by a £900m (€1.04bn) charge tied to the insurance mis-selling scandal that has plagued most British lenders.

Ms Rose named Paul Thwaite as her successor to head up commercial banking and confirmed Peter Flavel as CEO of private banking.

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