Coutts, the private bank owned by Royal Bank of Scotland, has appointed a new chairman of its business in Asia, a region identified as key to its global ambitions.

Timothy Chia will be based in Singapore and act as a senior ambassador for Coutts in the region.  A spokesman for Coutts confirmed that this was a newly-created role to reflect the bank's expansion into the region.

Coutts underlines global ambitions with Asia hire

The private bank has appointed a chairman in Asia and a CFO in London to support its international expansion

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