Royal Bank of Scotland has selected Alison Rose as its next chief executive. She will be the first woman to head one of Britain’s major banks. Rose, who has worked at RBS for 25 years, has long been the favorite to succeed Ross McEwan. Her appointment is being considered by City regulators, including the Bank of England’s Prudential Regulation Authority, and is expected to be announced in the coming weeks. This will mean the bank, which is partly state-owned, will have 2 women in its most powerful executive positions this year. Katie Murray was made finance chief in January. Rose, 49, has been with RBS since early 1990s, and her last position had been as McEwan’s deputy chief at the bank’s NatWest Holdings unit.
