The Royal Bank of Scotland Group(RBS) has appointed Bruce Van Saun as chief financial officer, with effect from 1st October 2009.
The bank has said that Mr. Bruce’s appointment completes the restructuring of the group’s senior management team. All nine members of the group’s executive committee will be new to their posts within the last 17 months, seven since October of last year.
Earlier, Mr. Bruce held a number of senior management positions in financial services and was most recently chief financial officer of Bank of New York Mellon.
Stephen Hester, chief executive, RBS group, said: “Mr. Bruce’s record across 24 years of financial services experience is impeccable. His significant restructuring and integration expertise will prove invaluable as we work towards rebuilding standalone strength. This completes the extensive renewal of senior management at RBS.”