10 Things You Didn’t Know about Natwest CEO Alison Rose

Alison Rose

When Alison Rose discovered that only 1% of venture capital funding is given to all-women teams, she decided to do something about it. She began having constructive conversations to have more women become investment officers because she is determined to help the UK economy. The 51-year-old has been in the banking industry for almost three decades, and her dedication has paid off by becoming Natwest’s first female CEO. However, besides setting the pace for women in entrepreneurship, there are a few more facts to Alison, as you shall read below.

1. She is a hands-on parent

Most women who choose to climb the corporate ladder usually barely have time to be with their families. However, Alison ensures that she finds time to be with her children regardless of how busy her day is. She said that even when she traveled internationally, the golden rule was to never be away from home during weekends. Her commitment to being a present parent has not come easy, and she admitted that sometimes, trying to juggle work and parenting was a disaster.

2. She is committed to promoting gender equality

Those who believe women are their own worst enemies are yet to meet Alison Rose, who is determined to see that more women hold powerful positions. The realization of how few women are in corner offices came as she rose the ranks at the National Westminster Bank. When Alison first joined the bank, as a trainee, she had both male and female teammates, but the more she got promoted, the fewer the women she came across during client and team meetings. Therefore in 2014, she set targets to see at least 30% female representation in the bank’s top four levels.

3. Her salary

According to CNBC, Alison’s remuneration package is slightly higher than her predecessor, McEwan. While McEwan received a base salary of £1 million, Alison’s base pay was set at £1.1 million. Additionally, unlike McEwan, who got a pension of £350,000 per year, Alison’s pension is 10% of her annual salary. However, just like McEwan, Alison’s fixed share allowance is also 100% of her salary.

4. How she has made history in the UK’s banking industry

Alison is the epitome of a woman shattering the glass ceiling by going down in history, and the first woman ever to be the CEO of one of the UK’s big four banks. The big four banks comprise Barclays, HSBC, RBS, and Lloyds Banking Group. She has set the pace for the bank in recognizing women for senior positions because she was joined by Katie Murray, the bank’s Chief Financial Officer, who was promoted in early 2019. Having already worked at the bank for 27 years, Alison was not intimidated by the new position; truth be told, she could not wait to get started immediately after her promotion.

5. Her biggest role models

During her interview with Manchester Evening News, Alison Rose disclosed that her parents have been her biggest role models. Her mother has always had so much faith in her that Alison felt she could move mountains. Her father, on the other hand, has been so supportive, pushing her to do whatever was necessary to achieve her goal and encouraging the CEO to challenge herself.

6. The opportunity that changed her career trajectory

Alison admits that there is no straight path to success as she spoke from her experience. Earlier on in her career, Alison preferred dealing with clients face-to-face and focusing on her customers. However, she confessed that someone told her to challenge herself by doing something that was not obvious in her career. Therefore, Alison took up a job that demanded her to be a leader, working globally. At first, she found it so complicated that she got sick for three months, trying to figure out what to do since it was out of her comfort zone. However, looking back, that experience made her realize that she was enjoyed holding leadership positions.

7. Her first major decision at the bank

Express & Star published that Alison’s first major decision as the new CEO of RBS is changing its name to Natwest Group plc. The change was supported by other stakeholders who opine that since 80% of the bank’s customers transact with the Natwest brand, it is only fair that they rebrand themselves. RBS chairman added that “RBS” was because they were a global group at the time, but they exited unprofitable international businesses.

8. She is humble about her achievements

Women have always encouraged themselves by saying what a man can do, a woman can do better. However, what happens when the woman does a much better job; is she supposed to remain humble or gloat? Alison sets the right example by showing that once a woman achieves something, she should encourage her fellow women to follow in her footsteps. Therefore even though she attained a significant milestone in her career, Alison believes that it is not because she is special; other people can do the same because she is not uniquely gifted.

9. She wanted to be a diplomat

After growing up with a military family abroad, Alison thought about becoming a diplomat. Her career, however, began in banking, and she has never looked back. Regardless of whatever reason the CEO wanted to be a diplomat, hopefully, she can cherish the more rewarding career as a banker. While diplomats barely make $100,000 in a year, she takes home over a million pounds every year.

10. She was chosen to lead a government review on female entrepreneurship

Robert Jenrick, the Treasury’s Exchequer Secretary, observed that women interested in starting a business faced barriers that their male counterparts did not. Therefore, he vowed to remedy the situation, and the first step was to review female entrepreneurship. Alison Rose became the ideal candidate to identify the barriers and help level the playing field. After accepting the position, Alison said that they had to ensure no one was left behind to make the UK a favorable place for business.

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

quantum computer
20 Things You Didn’t Know About Quantum Machines
Arkady Volozh
10 Things You Didn’t Know about Arkady Volozh
20 Things You Didn’t Know About Yandex
Russell glass
10 Things You Didn’t Know About Russell Glass
Snowflake Stock
Is Snowflake Stock a Solid Long Term Investment?
grocery shopping with credit card
The 10 Best Credit Cards for Groceries in 2021
credit cards
The 10 Best First Credit Cards To Get in 2021
American Express
Ranking The 10 Best Amex Transfer Partners
lavender field
10 Lavender Farms You Need to Visit in the United States
What Is the Epic Pass for Skiers and Is it Worth It?
tulip farm
10 Amazing Tulip Farms to Visit in the United States
Ruby Falls
10 Awesome Caves To Visit in Tennessee
2022 Subaru Forester Wilderness
A Closer Look at The 2022 Subaru Forester Wilderness
A Closer Look at The 2022 Subaru WRX
Lincoln's New Sleek Concept Car
A Closer Look at Lincoln’s New Sleek Concept Car
"Arosa" - The Supercar of Hovercrafts
VonMercier Reveals “Arosa” – The Supercar of Hovercrafts
Speake-Marin Legerete
The 10 Best Speake-Marin Watches of All-Time
Sinn U1 DS Limited Edition
A Closer Look at the Sinn U1 DS Limited Edition
Casio Vintage X Pac-Man A100WEPC-1B
A Closer Look at the Casio Vintage X Pac-Man A100WEPC-1B
A Closer Look at the Bell & Ross Diver Blue
Brian Chesky
How Brian Chesky Achieved a Net Worth of $13.1 Billion
Bob Woodward
How Bob Woodward Achieved a Net Worth of $15 Million
Andrew Dice Clay
How Andrew Dice Clay Achieved a Net Worth of $10 Million
Ricky Martin
The 10 Richest People in Puerto Rico