Ellen Alemany
Encyclopedia
Ellen Alemany is CEO, and chairman of Citizens Financial Group
, a division of Royal Bank of Scotland Group. Alemany is presently the only female CEO of a division of a nationalized UK bank.
, New York
, Alemany helped out at her father's liquor store on Arthur Avenue, the Bronx. During High School
she worked as a marketer for a summer tennis
camp. After graduating in English literature from the University of Bridgeport
in three years, she worked for IBM
's legal department while completing her MBA with a specialization in Finance from Fordham University
, in 1980.
. From 1999 until 2001 she served as CitiGroup's Head of corporate banking for 18 Western European countries, living in London
. Her last post was as President of Global Transaction Services (GTS) at Citigroup with 22,000 employees worldwide, and as a member of the board.
In June 2007 Alemany took over as chief executive of Royal Bank of Scotland's U.S. operations and subsidiaries, a business employing 27,000 people, generating $8.9 billion in revenues and holding a total of $150 billion in deposits, making it the sixth-largest US banking operation. Alemany was named to the Federal Advisory Council
, which advises the Federal Reserve.
In October 2005, U.S. Banker named Alemany number five on their annual "The 25 Most Powerful Women in Banking" list. In 2008, Forbes
named her as the 26th most powerful woman in the United States.
New York Division Board of Directors in December 2005, Alemany presently serves as Chairperson. Alemany donated to the political campaigns of Chris Dodd in 2007, and Barney Frank
in 2008.
Citizens Financial Group
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Illinois, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont. Citizens is a wholly owned...
, a division of Royal Bank of Scotland Group. Alemany is presently the only female CEO of a division of a nationalized UK bank.
Biography
Born in The BronxThe Bronx
The Bronx is the northernmost of the five boroughs of New York City. It is also known as Bronx County, the last of the 62 counties of New York State to be incorporated...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, Alemany helped out at her father's liquor store on Arthur Avenue, the Bronx. During High School
High school
High school is a term used in parts of the English speaking world to describe institutions which provide all or part of secondary education. The term is often incorporated into the name of such institutions....
she worked as a marketer for a summer tennis
Tennis
Tennis is a sport usually played between two players or between two teams of two players each . Each player uses a racket that is strung to strike a hollow rubber ball covered with felt over a net into the opponent's court. Tennis is an Olympic sport and is played at all levels of society at all...
camp. After graduating in English literature from the University of Bridgeport
University of Bridgeport
The University of Bridgeport is a private, independent, non-sectarian, coeducational university located on the Long Island Sound in the South End neighborhood of Bridgeport, Connecticut. The University is fully Accredited by the New England Association of Schools and Colleges...
in three years, she worked for IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
's legal department while completing her MBA with a specialization in Finance from Fordham University
Fordham University
Fordham University is a private, nonprofit, coeducational research university in the United States, with three campuses in and around New York City. It was founded by the Roman Catholic Diocese of New York in 1841 as St...
, in 1980.
Career
Resigning from IBM after a year, she then started her banking career at Chase Manhattan in 1977, before a 20 year spell at CitibankCitibank
Citibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York...
. From 1999 until 2001 she served as CitiGroup's Head of corporate banking for 18 Western European countries, living in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. Her last post was as President of Global Transaction Services (GTS) at Citigroup with 22,000 employees worldwide, and as a member of the board.
In June 2007 Alemany took over as chief executive of Royal Bank of Scotland's U.S. operations and subsidiaries, a business employing 27,000 people, generating $8.9 billion in revenues and holding a total of $150 billion in deposits, making it the sixth-largest US banking operation. Alemany was named to the Federal Advisory Council
Federal Advisory Council
-Membership:*President - William Downe*Vice President - Lyle R. Knight*First District - Ellen Alemany*Second District - Robert P. Kelley*Third District - R. Scott Smith, Jr.*Fourth District - Henry L. Meyer III*Fifth District - Kenneth D. Lewis...
, which advises the Federal Reserve.
In October 2005, U.S. Banker named Alemany number five on their annual "The 25 Most Powerful Women in Banking" list. In 2008, Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
named her as the 26th most powerful woman in the United States.
Personal life
Elected to the March of DimesMarch of Dimes
The March of Dimes Foundation is a United States nonprofit organization that works to improve the health of mothers and babies.-Organization:...
New York Division Board of Directors in December 2005, Alemany presently serves as Chairperson. Alemany donated to the political campaigns of Chris Dodd in 2007, and Barney Frank
Barney Frank
Barney Frank is the U.S. Representative for . A member of the Democratic Party, he is the former chairman of the House Financial Services Committee and is considered the most prominent gay politician in the United States.Born and raised in New Jersey, Frank graduated from Harvard College and...
in 2008.
External links
- Bio of Ellen Alemany at Royal Bank of Scotland Group