"I am delighted that we have appointed Alison as new CEO. He brings his experience, very complete, and his record of success in his previous positions."said the chairman of the RBS board of directors, Howard Davies, cited in a statement.
Ross McEwan leaves behind "a bank that once again concentrated on its essential markets in the United Kingdom and Ireland, solved most of its main legal problems and returned at the same time to profitability," he said.
Rose called this appointment "immense honor" and considered that "we started a new chapter for this bank."
He also warned that the banking sector "It faces a series of challenges, between persistent economic and political uncertainties, through behavioral changes and consumer expectations".
Traditional banks such as RBS, one of the oldest in Britain, face problems such as low interest rates or competition from internet banks.
During its post-financial restructuring, RBS sold its investment banking activities, which now represent less than 10% of its turnover.
Together with Lloyd's, RBS is one of the most vulnerable British financial institutions to Brexit because it depends largely on Britain's economy.
In the second quarter of the year, RBS managed to increase its profits and increased the dividend to its shareholders.
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