Bruce van saun rbs biography sample

This week, we speak with Bruce Van Saun, Chairman and Chief Executive Officer of Citizens Financial Group. CFG is the bank that (among other things) finances most iPhone purchases or monthly leases and has grown into the 12th largest bank in America.

He was named American Banker&#;s &#;Banker of the Year,&#; and sits on the Federal Reserve Bank of Boston Board; previously he was on the Boston Fed Bank Advisory Council.

Van Saun was at Royal Bank of Scotland until January , where he helped spin out Citizens Financial Group from RBS in He explains why it was so unusual &#; and a huge advantage &#; to IPO the bank versus what is more typical transaction like a sale or spinoff.

It was a shakeup to the prior bank culture, and much more entrepreneurial. It also allowed Van Saun to recruit the sort of bankers that might not be attracted to a sleepy foreign-owned (and scandal mired) bank.

Citizens Financial Group commercial clients are middl