New local banks head in line with 'vision'

Friday 16th August 2019 1:34 am
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Stuart Chivers ()

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RBS International has announced a series of new leadership appointments across its jurisdictions.

In January, the bank launched its new vision to ’become a bank that’s easy to deal with’.

To support this, RBS International has reviewed how its business is organised in each jurisdiction and, following a ’fantastic’ number of applications for new roles, finalised the leadership teams in each jurisdiction.

Personal, premier banking, business banking and local real estate, have been combined under a new division called ’Local Banking’.

Funds banking, services for Financial Corporate Service providers, corporate business and real estate finance, now form a new ’institutional banking’ division.

The following two roles have been announced in the Isle of Man:

lStuart Chivers has been appointed to the new role of head of local banking, Isle of Man - incorporating both the Isle of Man Bank and NatWest International.

Mr Chivers has worked for RBS for 29 years and has held a number of leadership roles across RBS International.

Most recently he successfully led the RBS International mortgage business.

lIan Harcourt, who has been appointed head of institutional banking in Luxembourg, will also have responsibility for corporate services in the Isle of Man.

A large proportion of the business in the Isle of Man is centred on fiduciary and corporate services, and customer teams already in place serving that market will remain and report to Ian. Andrew McLaughlin, chief executive RBS International, said: ’To truly become a bank that’s easy to deal with, both for our customers and our colleagues, we know we have to make changes to how our business is organised to support this.

’Congratulations to our new leaders, and those taking on new roles within our business.’

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