Ellen Alemany Takes on an Additional Role with Citizens Financial Group

PROVIDENCE, R.I., May 20 /PRNewswire/ -- Citizens Financial Group, Inc. announced Ellen Alemany, CEO of RBS Americas, will assume an additional role of CEO of Citizens Financial Group, after having served as CEO for RBS Americas.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080520/CLTU017 )

RBS Americas appointed Alemany CEO in March 2007. She has a distinguished 31-year career in banking and finance, spanning companies from Chase Manhattan Bank to Citigroup, where Alemany served in a variety of senior roles, including CEO of Citi Capital, CEO of Commercial Business Group and Corporate Bank Head in North America and Europe. Most recently, she served as CEO for Global Transaction Services, the fastest-growing of Citi's 12 publicly reported business lines.

As one of the most senior women in the banking industry, Alemany has defined her performance through hard work and forward thinking. In Alemany's new role as CEO of Citizens Financial Group, she will integrate the diverse banking businesses and take advantage of growth opportunities in the U.S. Integrating and expanding the bank's variety of banking products, from savings accounts, small business banking services, mortgage lending and more, continues to be an area of focus moving forward.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. (CFG) is one of the 10 largest commercial banking companies in the U.S. ranked by assets and deposits. Headquartered in Providence, R.I., the bank and its subsidiaries has over 1,600 branches, 3,300 ATMs and 24,500 employees. Its subsidiaries include RBS Citizens, North America and Citizens Bank of Pennsylvania. They operate a 13-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Indiana, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. CFG provides financial products to individual, small business and commercial banking clients. Specializing in full-service product packages, CFG offers checking accounts, savings accounts, money market accounts, home equity loans, mortgage financing and more. CFG is owned by RBS (The Royal Bank of Scotland Group). For more information, visit CFG's Web site at www.citizensbank.com