RBS appoints two MDs in Asia-Pacific

The Royal bank of Scotland has made two senior appointments in its Asia-Pacific markets business, based in Singapore.

Colin Holdstock has been appointed managing director, and Asia-Pacific head of cash and non-deliverable forwards (NDFs), emerging markets short-term interest rate trading (Stirt) and currency options trading.

Holdstock joins from Nomura, where he had been head of FX options for Asia ex-Japan since 2010. He brings more than 20 years' experience in the markets trading business and significant experience in the region, where he has held various G-10 and emerging markets options roles.

Glen Goh has joined RBS as managing director, and head of NDF and Stirt, reporting to Holdstock.

Goh's most recent role saw him acting as deputy global head of Asian FX and global head of Asian NDF at Standard Chartered in Singapore. He has more than 20 years' experience in the industry, with a focus on trading Asian currency NDFs, as well as managing global teams across Singapore, Hong Kong, London and New York.

"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," says Ramit Bhasin, head of trading, Asia-Pacific ex-Japan.