ABN AMRO Netherlands plans to restructure its internal organizational in January 2006.
The new organization will have two value centers: one for consumer clients and the other for commercial clients. At present SMEs and corporate clients are served by different parts of the bank.
The same goes for the retail clients and preferred banking clients. Bank officials said the restructuring operation will not result in job losses, but about 200 of the 3,000 managerial staff will be moved to different jobs.
The new structure is intended to provide the capacity to meet the clients’ need for high-quality advice close to home, and seeks to make more banking staff available in each district. In addition, each district will have a director for commercial clients and a director for consumer clients.
The measures to strengthen the advisory capacity of the bank are in addition to the recruitment of 150 financial consultants and 100 branch staff announced earlier.