Alison Rose -Slade DBE, a prominent British banker who served as the chief executive of NatWest Group from November 2019 until July 2023. Through her outstanding leadership, she made history as the first woman to lead a major UK lender. Prior to this role, Dame Alison was actively involved in government investigations focused on addressing the issue of underrepresentation of women in the business world.
Height- 5 feet 7 inches (approx.)
Birthplace-Coventry, United Kingdom
Full name- Dame Alison Marie Rose
Spouse- David Slade
Rose was born in 1969. Her father’s name and her mother’s name are both unknown. Her childhood was spent in various locations due to her family’s military background. However, when she turned 15, they resettled in the UK.
Alison Rose is happily married to David Slade, a distinguished UBS banker. Their bond is a testament to their love and shared commitment to each other. They have built a life together filled with love, support, and shared aspirations. As they navigate their respective careers in the banking industry, they find strength in each other’s presence and continuously inspire each other to achieve new heights.
Alison Rose and her husband, David Slade, are blessed with two children – a daughter and a son. They share a happy family life together, residing in the beautiful neighbourhood of Highgate, London.
In 1991, Alison Rose successfully completed her undergraduate studies at Durham University, earning a bachelor’s degree in history. This academic achievement laid the foundation for her future endeavors, providing her with valuable knowledge and skills that would prove instrumental in her impressive career in the banking industry.
Alison Rose embarked on her professional journey as a graduate trainee with National Westminster Bank in 1992.Over the years, she climbed the ranks and proved her expertise, eventually becoming a member of RBS’s executive committee on 27 February 2014.In her role as head of commercial and private banking at RBS, Rose demonstrated her commitment to promoting gender diversity. In October 2014, she unveiled a new plan aimed at increasing the representation of women in decision-making and board-level positions within the bank. Furthermore, in August 2015, she encouraged her team to strengthen connections with the small and medium-sized business clients they served.
In September 2018, Rose was chosen to lead the Treasury’s review, focusing on identifying barriers that hinder women’s progress in the business world. The outcome of the Rose Review highlighted the significant gender gap in entrepreneurship, with only one in three UK entrepreneurs being female and a mere one percent of venture funding going to all-female teams.
Continuing her remarkable career trajectory, she became the deputy chief executive of NatWest Holdings in November 2018. In March 2019, the UK Government published the Alison Rose Review of Female Entrepreneurship, a policy paper that aimed to address the challenges faced by women entrepreneurs in the country. Her outstanding leadership and accomplishments garnered speculation that she would succeed Ross McEwan as CEO, a position she eventually assumed.
On 1st November 2019, Rose made history by becoming the CEO of RBS Group (later renamed NatWest Group in 2020), becoming the first woman to lead a major UK lender.Her visionary approach and dedication to the financial sector earned her the prestigious title of Dame Commander of the Order of the British Empire (DBE) in the 2023 New Year Honours. Additionally, in the same month, she was bestowed with an honorary degree by York University’s Chancellor, Dr. Heather Melville. These honors reflect her exceptional contributions to the finance industry and her unwavering commitment to fostering positive change.
Net Worth 2023
Alison Rose’s estimated net worth is approximately $4-7 million. During her career, she held key positions such as the deputy CEO of NatWest Holdings and the chief of the Royal Bank of Scotland Group.
Nigel Farage’s Accounts and Resignation
Dame Alison Rose, the CEO of NatWest Group, has stepped down amid controversy surrounding the closure of Nigel Farage’s bank accounts with Coutts, a private bank owned by NatWest.
The decision came after Farage raised concerns with the BBC about a report stating that his accounts were closed for commercial reasons. The broadcaster later apologized and corrected the story.
Although Farage regarded Rose’s resignation as a positive step, he called for the entire NatWest board to resign, arguing that they should respect customers’ privacy. He pointed out a discrepancy between Rose’s statement, in which she denied disclosing personal financial information, and the BBC’s letter of apology, which revealed the reason for account closure due to falling below Coutts’s wealth threshold, a personal financial revelation.
In the early hours of Wednesday, NatWest Group’s chairman, Sir Howard Davies, announced Rose’s departure, stating it was a sad moment. In her own statement, Rose expressed gratitude to her colleagues and pride in the bank’s progress in supporting people, families, and businesses across the UK.
The news of Rose’s resignation came after markets closed on Tuesday, following intense media scrutiny and calls for her to step down from several newspapers. Reports suggested that there were concerns from government officials about her continuation in the role.
City minister Andrew Griffith supported Rose’s resignation, emphasizing that financial institutions should not withdraw services based on lawful political views, and the incident should serve as a lesson for the entire financial sector to prioritize fair and respectful customer service.
Earlier on Tuesday, Rose had admitted to being the source of the controversial BBC story about Farage’s bank accounts and issued an apology for her actions.
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