The Royal Bank of Scotland (RBS) has appointed Rohit Sawhney as Head of Global Transaction Services, Asia Pacific, with immediate effect. Based in Singapore, Mr Sawhney reports to Carole Berndt, Head of Global Transaction Services (GTS) and Pierre Ferland, Head of Corporate & Institutional Banking (CIB), Asia Pacific. He joins GTS’s senior leadership team as well as CIB’s Asia Pacific management committee.
Mr Sawhney, who has over 25 years banking experience, was most recently the Asia Pacific Head of RBS’s GTS Financial Institutions and Non-bank Financial Institutions business as well as the Chief Administrative Officer (CAO) for GTS APAC. He was also the Country Head for RBS GTS India from 2008 to 2012.
Carole Berndt, Head of Global Transaction Services, said: “Rohit’s appointment reflects the depth of talent we have across our organisation. GTS is a key growth business, and we continue to see very strong demand for transaction banking services in Asia Pacific. Our global country network intermediates on 80% of the world’s trade flows and we are well positioned to expand our GTS business.”
Pierre Ferland, Head of Corporate & Institutional Banking, Asia Pacific, added: “I am delighted Rohit has taken on this important role. Rohit has a wealth of experience across Asia and in particular India, one of our key growth markets. He also has clear views and plans on taking our GTS business forward, and I am confident in his ability to build on our momentum and successes.”
Over the past two years, RBS’s GTS business in Asia Pacific has won a significant number of industry awards for regional and country client solutions, as well as in-country bank capabilities. RBS’s Singapore franchise was also recognised as Transaction Bank Rising Star and Best eSolutions Partner Bank in Singapore. This year, RBS added the Best e-Solutions and Technology Partner Bank in Asia Pacific award, reinforcing its leadership in its e-banking capabilities. The bank has been focused on pushing the digitisation agenda – both proprietary and bank-agnostic platforms – across cash management and trade finance solutions in the past few years.