RBS International is pleased to announce the appointment of Andrew McLaughlin as its new chief executive officer.
He replaces replacing Adrian Gill who is returning to the UK with the RBS Group.
Andrew, who has worked for the RBS Group for nearly 20 years, has most recently been the bank’s chief economist and head of communications.
He wrote the fortnightly commentary which has now been taken over by Stephen Boyle, whose latest column is printed above.
Mr McLaughlin has had a range of senior roles within RBS and he also spent several years working outside the bank in the corporate sector.
In his role as CEO (which is subject to regulatory approval), he will have responsibility for the RBS International, NatWest and IoM Bank operations in the Isle of Man, Jersey, Guernsey and Gibraltar.
He will report directly to RBS Corporate and Private Banking (CPB) in the UK and will sit on its executive committee.
Alison Rose, chief executive of RBS CPB, in congratulating Andrew on his appointment, said that investment in RBS International was central to the bank’s plans.
Andrew is known to many clients and other leading business people locally as a result of his role as chief economist as he visited on several occasions to present the bank’s economic forecasts at client events and seminars.
business as usual
He said: ‘ I am delighted to be moving to Jersey to take on the CEO role during an exciting time in the development of the bank across its four locations and I look forward to meeting clients and getting to know my colleagues throughout the operation over the coming months.
‘It will be business as usual and Adrian and I will be working together closely to ensure an efficient handover.’
Adrian Gill, who will be taking up a new senior role with RBS in the UK, said: ‘It’s been an incredible eight years and I feel very privileged to have been part of a business with so many dedicated and talented employees determined to deliver for our customers during a period of significant change in the banking sector.
‘I believe Andrew’s experience, seniority and new reporting line into the UK bank sends a strong signal of the importance of RBS International’s business to the Group and its key role within the new structure .’
Alison Rose thanked Adrian for his eight year stewardship.
She said: ‘He has done an excellent job in leading and delivering a high performance business and has given strong stability during a period of significant change for the Group.’