NatWest in Gibraltar has appointed Richard Bolingbroke to head up the Bank’s Treasury function.

Richard, who has worked in the finance industry for 15 years, was most recently an associate in Corporate Risk Solutions with RBS Global Banking Markets in Edinburgh where he managed the interest rate risk solutions for UK corporate clients in Scotland. He first joined the RBS Group in 2001 and has worked in managerial roles since 2004 including three years in commercial and product management. In his new role as Vice President of Treasury and Investor Solutions at NatWest, Richard will manage the foreign exchange risk solutions for clients in Gibraltar.

David Bruce, Regional Director, NatWest in Gibraltar, commented: ‘Treasury Services are fundamental to how we support our clients manage their risks and Richard’s role will primarily focus on foreign exchange risk management.  Treasury is one of the cornerstones of our service offering to corporate clients in Gibraltar and I am delighted to welcome Richard who has crucial front line experience in Edinburgh in managing the risk needs of major corporate and institutional business.’

Richard’s wife and three children have also moved to Gibraltar and he hopes to pursue some of his sporting interests in his spare time which includes football, which he played at a semi-professional level in England, golf, cycling and cricket.