What Alison Rose leaves behind at NatWest

The NatWest chief executive’s resignation ends a solid if unexciting three-and-a-half years at the helm.

Alison Rose, the first female chief executive of a top-four UK bank, steered NatWest through the early impact of Brexit and Covid-19. More recently – and more happily – she also presided over a big rise in net interest margins on the back of higher interest rates.

After her resignation on Wednesday – which followed her apology the previous day for what she described as “a serious error in judgement” – the bank’s share price fell by 3.6%

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