Singapore – The Royal Bank of Scotland plc (RBS) today announced the appointments of Colin Holdstock and Glen Goh to its Asia Pacific Markets business, both based in Singapore.
Holdstock joins as Managing Director and has an expanded portfolio as the Asia Pacific Head of Cash & Non-deliverable Forwards (NDF), Emerging Markets Short-term Interest Rate Trading (STIRT) and Currency Options Trading. Goh joins as Managing Director, Head of NDF and STIRT, reporting to Holdstock.
Holdstock has extensive experience in Asia and a proven track record in building franchises, developing teams and working with technology to improve e-commerce capabilities, making him a key senior management addition to the RBS markets team.
Holdstock joins RBS from Nomura, where he was the Head of FX Options for Asia ex-Japan since 2010. He has been in the markets trading business for over 20 years, with a significant portion in Asia where he has held a variety of roles covering both G10 and emerging markets option businesses.
Goh joins RBS also with more than 20 years of experience with a focus in trading Asian currency NDF as well as managing global teams across Singapore, Hong Kong, London and New York. He was most recently Deputy Global Head of Asian FX & Global Head of Asian NDF at Standard Chartered in Singapore.
Ramit Bhasin, Head of Trading, Asia Pacific ex Japan commented, “The appointments of Colin and Glen highlight RBS’s commitment to strengthen and grow our corporate and institutional FX business in the region. Both bring with them well-established client relationships, a wealth of knowledge and significant expertise, which will provide additional leadership to bolster our existing team of traders and analysts. I am delighted to have them on board and the team looks forward to working closely with them.“