Updated August 31 at 6:31pm

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BANKING

Citizens’ Alemany named CEO ‘to watch’ in 2013

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NEW YORK – Ellen Alemany, chairman and CEO of RBS Citizens Financial Group Inc., has been recognized as one of the 10 CEOs to watch in 2013 by American Banker.

Alemany, who is also the head of RBS Americas, has been credited with steadying the Providence-based company following the national real estate bust as well as shielding the bank from the problems of its British parent company Royal Bank of Scotland.

American Banker said Alemany deems watching as British regulators could force a sale of Citizens within the next year or two in order to raise capital from the $141 billion asset.

Alemany was also ranked No. 4 on American Banker’s list of the 25 most powerful women in banking, which was released in October.

Also included on the list of CEOs to watch is Flagstar Bancorp President and CEO Michael J. Tierney, who became president of the Flint, Mich.-based bank on Oct. 1 and CEO a month later.

He succeeded Joseph Campanelli, who had been with Flagstar since 2009. Previously Campanelli had been president and CEO of Sovereign Bank.

citizens bank, ellen alemany, citizens financial group inc., american banker, RBS citizens, royal bank of scotland, flagstar, michael j. tierney, joseph campanelli, sovereign bank

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