RBS appoints new regional managing director

The Royal Bank of Scotland's new regional managing director has said there are good opportunities for the companies to invest and grow despite the challenging economic environment.

Andrew Harrison, who has previously been working as a senior banker in the Corporate & Institutional Banking (CIB) team has been appointed as Midlands and East of England managing director.

He will head a team of 150 staff, providing banking services to around 750 companies from corporate offices in including Norwich and Cambridge.

Mr Harrison has 18 years experience at RBS working with small businesses to large corporate firms. He has also run specialist structured finance teams.

He said: 'I'm very excited to be joining the RBS team in this dynamic region. My responsibility is to ensure that RBS is proactively there to help companies in the Midlands and East of England reach their strategic goals both domestically and internationally. I am very conscious of our responsibility to support the regional economy and am confident that we have the resources, people and expertise to do so.

'The economic environment is challenging but there are good opportunities for companies to invest and grow, for example by taking advantage of low interest rates. I'm therefore very positive about the prospects for the region and am committed to delivering the strength of the RBS Group.'