Stuart Foster’s new role will see him join the Executive Committee and be responsible for delivering the Institutional Banking strategy as well as joining the Board of NatWest Trustee and Depositary Services.
‘Institutional Banking’ encompasses Funds Banking, Financial Corporate Service providers, Real Estate Finance, NatWest Trustee and Depositary Services and Luxembourg Depository Services.
While he will be based in London, Mr Foster, who joined the RBS Group in 2000, was appointed by the Jersey-based firm, which said he will be working closely with the teams based on the island.
Congratulating him on his appointment, RBSI CEO Andrew McLaughlin said: “I’m delighted to welcome Stuart to this new role. His extensive experience in corporate banking, alongside an insightful understanding of the institutional market, makes him ideally suited to lead the drive forward in support of our new vision across all our jurisdictions.”