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RBS appoints Head of West Register

Royal Bank of Scotland (RBS) has appointed Helen Gordon as Head of West Register, RBS's investment company which acquires property from financially distressed situations and creates value with a view to exiting when market conditions determine.

Helen joins from Legal and General Investment Management where she was Property Director of its Life Fund. Previously, Helen held a variety of property roles including Group Property Director with Railtrack and as Managing Director of John Laing Developments. A start date for Helen, for what is a new role, is yet to be agreed.

Derek Sach, RBS's Global Head of Global Restructuring Group (GRG) said: "Helen is a highly experienced and a well regarded property professional and I am delighted she has joined RBS. Her wealth of experience will stand her in good stead. Her main task will be to maximise the returns to the group from these property assets."

Helen Gordon said "West Register plays a vital role in achieving the Bank's overall objectives. I'm excited about the opportunity to add value to its global property portfolio."

The West Register portfolio is a small part of the Banks exposure to real estate and operates on a global basis. Whilst the key areas are UK and Europe, West Register assets are also located in the USA and Asia.

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