Daniela Klasen-Martin, incoming Luxembourg Country Head at RBS International; Credit: RBS International Luxembourg

RBS International Luxembourg has announced that Credit Suisse Managing Director Daniela Klasen-Martin will join the bank in February 2024, replacing Ian Harcourt who has spent five years as the Country Head for the Grand Duchy.

Daniela has spent the last two years as CEO of Credit Suisse Fund Management SA and Global Head of Fund Platform Services within the Asset Management Division.

Olly Holbourn, Chief Executive Officer at RBS International, said: “Luxembourg is an important jurisdiction as we deepen and broaden our relationships with customers, particularly in the alternative funds market, and I am delighted Daniela is joining us to help continue our sustainable growth.

In her most recent role, Daniela was responsible for leading the Credit Suisse in-house fund management company as well as developing the European hub for asset management.

Daniela has also served on various boards related to funds and fund management, including at CSSF-regulated technology company FundsDLT. Furthermore, she has occupied positions at the Association of the Luxembourg Fund Industry (ALFI) and the Luxembourg Directors' Association (ILA).

Before moving to Credit Suisse, Daniela spent eleven years at private equity and real estate firm Crestbridge. She established their fund management and corporate services operation in Luxembourg, which had previously only operated in Jersey.

Daniela Klasen-Martin, incoming Luxembourg Country Head, RBS International, said: “I am delighted to join RBS International and to continue building on the foundations left by Ian. With my knowledge of the industry and of the fund ecosystem, I am looking forward to fostering continued growth and further expanding our footprint in Luxembourg.

RBS noted that Ian Harcourt will stay with the bank until at least the end of April 2024 and will work closely with Daniela to complete a full handover whilst the regulatory approval process concludes.