Feature Article | Dame Alison Rose’s commercial masterclass: Delivering value during NatWest’s crisis-era transformation
- Lindsey Schlandt
- Jan 9
- 1 min read

When Dame Alison Rose took over NatWest in 2019, the bank was underperforming, still majority government-owned, and heading into a once-in-a-generation shock to the sector’s revenue model. Rose responded with a customer-led commercial turnaround that broke down internal silos, paired $3 billion of targeted investment with $2 billion in cost out, and rebuilt operational performance from the ground up. The result was a reset in customer satisfaction, brand momentum with younger and entrepreneurial segments, and a return profile that moved NatWest from value erosion to sustained shareholder returns.


