Alison Rose, the former Chief Executive Officer (CEO) of NatWest Bank made millions of dollars before stepping down. How much is her net worth?
Alison Rose is a British historian, who was chief executive of NatWest Group Plc from November 2019 to July 2023.
She became the first woman to hold the top role at one of the big four banks in the UK after leading government investigations into the poor representation of women in business.
On July 2023, Alison resigned after a row over the way the British bank closed accounts held by politician-turned-pundit Nigel Farage, a move that came just hours after the board said she had their full confidence.
Following her decision to quit, many wanted to know more about her financial status. Like, how big her net worth is and how much money he made so far. So, read on for more about her fortune and the reason why she stepped down.
|Celebrated Name:||Alison Rose|
|Net Worth:||$5 million|
|Salary:||£5.2 million before stepping down as NatWest CEO
£3.6 million a year in 2021
|Profession:||Business executive and former CEO of NatWest|
|Full Real Name:||Dame Alison Marie Rose-Slade DBE|
|Date of Birth:||1969 (age 54 years)|
|Birthplace:||London, England, United Kingdom|
What is Alison Rose’s net worth and salary?
For her long years of working as a bank executive in the United Kingdom, Alison Rose (real name: Dame Alison Marie Rose-Slade DBE) has accumulated an estimated current net worth of $5 million. She made most of her money from her role as the CEO of NatWest Group from November 2019 to July 2023.
It has been reported that Rose’s total take-home amount at the time she stepped down from NatWest was £5.2 million.
It is thought that this total is a combination of her salary and company bonuses.
This total pay package, which was first revealed in 2022, was a nearly 50 percent rise from her 2021 salary.
In 2021, she reportedly earned £3.6 million a year.
Why did Alison Rose quit NatWest?
Dame Alison Rose quit NatWest after admitting she had leaked a false story about Nigel Farage to the BBC.
News of Alison’s quitting came after she issued an apology to Brexiteer Farage for “de-banking” him over his political views.
Earlier in 2023, Farage had revealed that his account with Coutts, owned by NatWest, had been closed without explanation.
The BBC then reported the false story that the former UKIP leader did not have enough money to hold the account.
Farage hit back at these claims, insisting the account had been closed for political reasons.
He said he had obtained a 40-page dossier that suggested his account was closed partly because his views did not align with the bank’s.
BBC Business Editor Simon Jack apologized to Farage over the false story about him not having enough funds.
Jack wrote on Twitter: “The information on which we based our reporting on Nigel Farage and his bank accounts came from a trusted and senior source.
“However the information turned out to be incomplete and inaccurate. Therefore I would like to apologise to Mr Farage.”
Dame Alison later admitted she was the source that leaked the inaccurate story.
Rose has also apologised to Farage for “deeply inappropriate” comments made in the dossier.
He had been labelled “xenophobic and racist” in the internal memo at the luxury bank.
Has Alison Rose been replaced at NatWest?
Rose will be replaced by Paul Thwaite while NatWest searches for a permanent replacement.
Thwaite is the current CEO of NatWest’s commercial and institutional franchise.
Before that role, he led the group’s commercial banking division.