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Rabobank appoints new group executive of wholesale banking

Rabobank Australia and New Zealand Group has named Phil Streten as the new group executive for wholesale banking, effective from 1 February 2013.

Streten will succeed Paul Beiboer, who has been promoted as general manager of London branch and regional head of wholesale banking Europe.

Having 15 years of corporate banking experience, Streten was acting as general manager for corporate banking, prior to accepting the current job.

Rabobank Australia and New Zealand CEO Thos Gieskes said, "We are confident Phil will replicate the impressive and sustainable growth, that has been achieved under his leadership in the Corporate Banking division, in the other wholesale business areas of the bank."

He has also been selected as a member of Rabobank Australia and New Zealand’s executive committee and manages the bank’s overall wholesale operations in both countries.

Rabobank Australia & New Zealand is a part of food and agribusiness banking specialist Rabobank Group, which operates in 47 countries, servicing nearly 10 million clients globally leveraging a network of over 1600 offices and branches.