Susan Rice (banker)
| Susan Rice | |
|---|---|
| Born |
Susan Ilene Wunsch 7 March 1946 Rhode Island, United States |
| Alma mater |
Wellesley College University of Aberdeen |
| Occupation | Banker |
| Spouse(s) | Sir Duncan Rice |
Susan Ilene, Lady Rice CBE (née Wunsch; born 7 March 1946) is a Scottish banker and head of the Scottish Fiscal Commission. In 2000 she became the first female leader of a British clearing bank. She is the chair of Scottish Water and a member of the Banking Standards Board.
Susan Wunsch was born on 7th March 1946 in Rhode Island in the United States.
She read biology and philosophy of science at Wellesley College, Massachusetts, United States, graduating in 1967 with a Bachelor of Arts.
At Wellesley she met Scottish historian Duncan Rice; they married shortly after her graduation and they moved to Scotland together. She then studied philosophy of science at University of Aberdeen, gaining a Master of Letters in 1970. Rice and her husband returned to the United States.
She initially became a medical researcher then an administrator in molecular biology Saybrook College at Yale.
She was the Dean of Saybrook College at Yale 1978–1980. In 1981 she moved to upstate New York and she worked as Dean of Students at Colgate University.
In 1986, she began working for NatWest Bancorp, where she managed a successful community development programme. In 1996, her husband was appointed as Vice-Chancellor at the University of Aberdeen and they moved back to Scotland. She joined the Bank of Scotland in 1997.
In September 2000 she was appointed as chief executive of Lloyds TSB Scotland and so become the first female to lead a British clearing bank. In May 2008 took on the role of chairman in addition to this. When the Lloyds Banking Group was created by takeover of HBOS that year, Rice was appointed as managing director of Scottish part of the group. Rice retired from this position in December 2014.
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