RBS International has appointed a new Head of Funds, Peter Brown, as part of its growth plans.

As part of the bank’s aim to expand its offering to the alternative funds sector, RBS International has appointed Peter Brown as its new Head of Funds.

Peter Brown, who has over 25 years of experience in corporate and institutional banking and recently headed the RBS Financial Institutions Group in the UK, will lead a funds banking team supporting over 1,000 fund manager and fund administrator customers in the UK as part of his new role.

The role takeover also encompasses the expansion of the business to support customers in Luxembourg with a new branch expected to be opened in March 2017.