RBS builds financial institutions group in Asia-Pacific

The Royal Bank of Scotland yesterday announced two key appointments in its Asia-Pacific financial institutions group.

Kenneth Tung will join as managing director and head of the financial institutions group FIG for Asia-Pacific. In a press release, RBS said that Tung will be responsible for further developing the bank's relationship with its financial institution clients, and will work with product and sales partners as well as the investment bank in ensuring delivery of the bank’s strong product platform to its clients. The person who previously held this position was James Pearson who resigned from RBS in August 2009. John Mullins, regional head of banking, took on the FIG role after Pearson left...