The Royal Bank of Scotland has announced the appointment of Carole Berndt as Global Head of Transaction Services.
Ms. Berndt will be based in London and will report to John Owen, CEO, International Banking.
Commenting on the appointment, John Owen, CEO, International Banking said: 'I am delighted to welcome Carole to RBS to take up this important position. The Transaction Services franchise is an important business and Carole’s appointment shows our determination to invest and grow the division.
This appointment also demonstrates our ability to attract industry leading talent that will help us achieve our ambitious goals'.
Ms. Berndt is joining from Bank of America Merrill Lynch where she was EMEA Head of Transaction Banking, a role she has held for over three years. Prior to BAML Ms. Berndt spent nearly 10 years working in transaction banking with Citi, holding a variety of roles in both Hong Kong and New York.
Commenting on her appointment, Ms Berndt said: 'RBS is recognised as having a leading global transaction services business, with a strong footprint, capability and service, valued by clients.
This along with the Banks commitment to investing, innovating through developing its systems and products, makes this an exciting and important time to join the team'.
RBS was recently awarded best provider of supply chain finance in Western Europe in the Global Finance Supply Chain Finance awards and Best Bank for Liquidity Management in Western Europe and Central & Eastern Europe.