THE Royal Bank of Scotland has appointed Richard Hill as head of its automotive sector offering it’s been announced.
The banks says Hill’s appointment will lead to RBS’ ‘further development of its automotive sector offering within the bank’s corporate and institutional banking (CIB) division.’
Hill brings more than 20 years’ experience to the role and will be responsible for enhancing the bank’s proposition amongst manufacturers, original equipment manufacturers and component suppliers, as well as with franchise and non-franchise dealers, rental and aftersales retailers in the sector.
Prior to taking up this role, Hill held a senior role in the retail motor team in the bank’s commercial banking division. He previously worked for Rover Group, BMW Financial Services Group, Manheim Europe and Lombard, RBS’ asset finance division.
Hill also brings a wealth of industry experience to the position. He has worked within a range of business environments including manufacturing, used vehicle remarketing, leasing, rental and retail finance, and sits on the corporate board for Sense – the leading national charity that supports and campaigns for children and adults who are deafblind.
Andy Turbutt, managing director, sector corporate coverage, RBS corporate & institutional banking, said: ‘We are delighted to have someone with Richard’s extensive experience and influence joining the team. RBS has a significant presence within the sector and Richard will play a key role in developing our business and enhancing our customers’ experience.’
Richard Hill, head of sector, automotive, RBS corporate & institutional banking said: ‘RBS is in an excellent position within the automotive market and I am looking forward to building upon that position by adding value to businesses operating in the sector, across the wide range of strategic opportunities and challenges they are facing.’