Managing Board | RBS


Managing Board

It is the task of the Managing Board to ‘manage’ the company. The members of the Managing Board collectively manage the company and are responsible for its performance.

The Chairman of the Managing Board leads the Board in its management of the company to achieve its performance goals and ambitions, and is the main point of liaison with the Supervisory Board.

 

The Managing Board of RBS NV

Cornelis Visscher

Chief Financial Officer 

 

Mr. Visscher graduated from the Vrije Universiteit in Amsterdam with a degree in Business Economics, specialised in Financial Accounting and Management Accounting.

 

He started his career at ABN AMRO in 1988, where, after several functions in Divisional and Group Finance, he ultimately became responsible for the delivery of ABN AMRO’s Group Management Information.

 

Following the acquisition of (parts of) ABN AMRO by the Royal Bank of Scotland, Mr. Visscher became Head of Group Consolidation, in which he was responsible for the split of the ABN Amro accounts between the Consortium members.

 

Furthermore, in 2011 Mr. Visscher was seconded to Edinburgh where he became Head of Financial Control for the Retail & Wealth, Corporate and Business Services Divisions of RBS Group. In this role, he was amongst other responsible for the Offshore programme.

 

As of 2013 he is CFO of RBS NV and a member of the RBS NV Managing Board. In addition to this role, he serves as CFO for RBS Netherlands Branch and in this role is part of the Country Management team.

Harm Bots

 

Chairman 


Harm was appointed as Head of Strategy for RBS NatWest Markets (formerly known as Corporate and Institutional Banking) and has been serving as a member of its Executive Committee and Risk Committee since April 2015. He was appointed as Chairman of the Managing Board of RBS NV on 1 November 2017.


Harm has been developing and overseeing the implementation of the NatWest Markets strategy including a radical restructuring of its business model, refocused country footprint and managing towards smaller resource base. He oversaw and delivered a number of large transformation programmes within the business to ensure strategic goals were met.

 

Harm has been with RBS since 2008, when he joined through the acquisition of ABN AMRO. He was appointed as Director in GBM Strategy in 2010. Harm held prior to that several customer facing positions including roles in a number of countries in Asia. Harm joined ABN AMRO in 1999 as Management Trainee.

 

Harm holds a Master degree in Finance from the University of London.  

 

The Managing Board will have three sub-committees, the Risk & Control Committee, the Asset & Liability Management Committee (ALCO) and the Disclosure Committee.

 

Risk & Control Committee

The Risk & Control Committee inter alia oversees the risk framework within RBS NV, monitors the actual risk profile and advises the Managing Board. Its scope is credit, market, operational and regulatory risk within RBS NV.

 

Asset & Liability Management Committee (ALCO)

The Managing Board has delegated to the ALCO the responsibility for the management of capital, liquidity, interest rate risk and foreign exchange risk. This includes, among other tasks, responsibility for reviewing, approving and allocating balance sheet, capital, liquidity and funding limits.

 

Disclosure Committee

The Disclosure Committee advises and assists the Managing Board in fulfilling its responsibilities for overseeing the accuracy and timelines of public disclosures made by the company. This inter alia includes reviewing and advising on the adequacy of the design and establishment of controls and other procedures, including procedures currently used by RBS NV in this respect.

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