RBS hires Rajendra as head of ABS strategy

Royal Bank of Scotland has hired Ganesh Rajendra in the newly created position of head of asset- and mortgage-backed strategy for Europe and Asia.

He will be based in London and report to David Simmonds, head of research and strategy.

Rajendra is a veteran of the asset-backed industry. From April to December 2009 he was head of advisory in the structured products business at Henderson Global Investors, which has not decided whether to replace him. Previously Rajendra led the securitisation

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