The Royal Bank of Scotland RBS has appointed Madan Menon as country executive for Singapore, replacing Muhammad Aurangzeb who resigned last year. Menon took up his new position on January 10, but will retain his existing, wide-ranging responsibilities as head of global banking and markets GBM for India and head of global banking for Southeast Asia.
Menon has relocated to Singapore, which is one of six global trading hubs for RBS as well as its regional centre for fixed-income, currencies and commodities FICC trading and sales, credit risk management, and global transaction services. In addition, Singapore is the base of the UK bank’s Asia Operations Centre, which provides infrastructure support globally.
His new...