RBS Exodus Continues as Equity, Prime Services Heads Jump Ship

The Royal Bank of Scotland (RBS) has lost another two executives, this time across its equity and prime services business, following the departure of Toby Smith-Cullen and Mark Templeman to consultancy firm, Anchura.

The moves come on the heels of an earlier departure in the group’s debt capital markets (DCM) division, after Richard Tynan relinquished his post to take up employment at an independent firm.

Mr. Smith-Cullen will be leaving his role at RBS, following a nine-year stint in which he most recently served as its head of business management for prime services business in Europe, Middle East and Africa (EMEA).

Alternatively, Mr. Templeman has been with RBS for the past six years, working with the bank’s equity derivatives and prime services operations. Prior to RBS he also held executive posts at BT, UBS and Goldman Sachs.