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Foreign Exchange

People moves: Mandell returns to the market

The Royal Bank of Scotland (RBS) has announced the hire of Chris Mandell as its head of FX and local markets trading for the Americas. She will be based in Greenwich, Connecticut and RBS says the hire completes the senior management team for its sales and trading business in the US.

Mandell has had just under a year out of the market following her departure from Bank of America (BofA), where she had been head of currencies and local markets and head of sales for global rates, currencies and commodities (GRCC). She originally joined BofA back in 1989 as an FX adviser.

Her position at RBS is a newly created role and she will report locally to Symon Drake-Brockman, head of markets, Americas. She also has global reporting lines into Roger Hawes, the bank’s London-based global head of spot FX Trading and Patrick Olsson, the London-based global head of local markets.

Not surprisingly, Mandell is effusive about her new job. “RBS is an established world leader in global markets and I am excited to be joining the management team that will grow their businesses in the Americas and extend their presence in this region,” she says.

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