RBS International appoints new head of alternatives from BNY Mellon

New addition brings over 17 years’ experience in the finance industry and will be responsible for accelerating growth and increasing client engagement in the market.

By Wesley Bray

RBS International has appointed former BNY Mellon vice president as its new head of alternatives client management and sales in Luxembourg.

Amelia Phillips will take on the role and will be responsible for leading RBS International’s depositary function, accelerating growth and increasing client engagement in the market.

As the head of alternatives, Phillips will also oversee the transformation of the depositary service, ensuring the successful implementation of new technologies in the non-traditional securities space.

Phillips brings more than 17 years’ experience in the finance industry to RBS International. She worked as vice president at BNY Mellon for close to six years, where she was responsible for servicing the bank’s depositary clients.

Before this, Phillips also worked with industry bodies such as Association of the Luxembourg Fund Industry (ALFI), to drive forward the depositary agenda within the market and shape the future of depositary services.

“I’m very much looking forward to joining RBS International at a time of such technological transformation. The business is becoming an automated, digital, cloud-based provider of depositary services and I’m excited to share these developments and market insights with our clients,” said Phillips.

“As well as this, and my desire to drive forward the depositary agenda, I am also looking forward to leading my team and guiding them to become the best version of themselves. Imparting my experience, knowledge and expertise, as well as my positive and inclusive nature, I hope that I can make RBS International the best workplace and depositary service that there can be.”

Phillips’ appointment follows further expansions in RBS International’s local team in Luxembourg to cater for rising demands in depositary services over the past year. Since February 2020, the team has grown by over 70%.

“I am delighted to have attracted Amelia to lead the engagement of our alternative clients across the markets in which we operate. Her outstanding industry knowledge and experience, together with her passion for excellence in customer service, materially complement our rapidly expanding business,” said Mark Crathern, head of NatWest trustee and depositary services.

“As we deliver our new digital, cloud-based platform and transition our clients to a new operating platform, Amelia will be focused on ensuring our clients continue to receive the high-quality solutions we are increasingly renowned for.”