Royal Bank of Scotland has named Katie Murray its new chief financial officer, with effect from 1 January 2019. With her appointment, Murray has also become the first woman to hold the finance chief role at the bank.
The sound of fracturing glass ceiling at #RBS is Katie Murray becoming chief finance officer and exec director. Joined 2015 after 13 yrs at Old Mutual in South Africa.
Last month, Alison Rose was promoted to deputy chief exec. So 2 women in lead positions to replace Ross McEwan pic.twitter.com/Yrc87gVkCs
— Douglas Fraser✒️🎥🎙 (@BBCDouglasF) December 18, 2018
Murray has been associated with the group on an interim basis since August.
RBS Chairman Howard Davies said: “I am pleased to welcome Katie to the RBS Board following a successful period as interim CFO. Katie brings nearly 30 years of Finance and Accounting experience in capital management, investor relations, and financial planning to the role. She has already contributed significantly to RBS over the last three years as the bank has resolved its last major legacy issues, returned to profit and restarted paying dividends.”
CFO Katie Murray said: “I am delighted to take up this role and look forward to working with my colleagues on the Board, the Executive Committee and across RBS as we continue to build a bank that is simple and safe for customers, produces positive returns for shareholders and makes a major contribution to the UK economy.”
Murray’s appointment to the interim CFO role followed the departure of Ewen Stevenson, who left in June to take up the same role at HSBC.
RBS Appoints Katie Murray as RBS Chief Financial Officer https://t.co/ExK6Zu2Un5
— RBS (@RBS) December 18, 2018