Susan Rice Dame Susan Rice is another veteran financier who combines banking and business interests with roles on public boards interest in the arts. She is chair of Scottish Water and the Scottish Fiscal Commission. As chief executive, and then chair of Lloyds TSB Scotland, she became the first woman to head a UK clearing bank in 2000. In 2012, she was also the first woman elected as president of the Scottish Council for Development and Industry. She has long been respected by government. In 2009 she chaired the 2020 Group, set up in response to the Climate Change Bill, which aimed to reduce carbon emissions by 42 per cent of 1990 levels by 2020 and 80 per cent by 2050. In 2014 the Scottish Government announced it had reached the first target six years early.