Alistair McMillan, who has been with the bank eight years, will head up the international business division
Bank of Scotland has appointed Alistair McMillan as its new international business manager.
McMillan, who brings 25 years of international banking experience to the role, has specialist knowledge of the oil and gas services sector, but has also worked with companies in the food and drink, manufacturing, engineering and technology sectors across Scotland.
He has worked with Bank of Scotland for the past eight years having joined the bank from State Street Bank and Trust Company, formerly Deutsche Bank Global Securities Services, based in Edinburgh.
In his new role, McMillan will work with the bank's relationship teams across Scotland to provide specialist funding and risk analysis support for customers dealing in imports and exports internationally.
The international business unit offers risk management, trade finance, international cash management and payment and currency advice.
McMillan said: “It is an exciting time to be working with companies across Scotland, which are currently outperforming the rest of the UK in terms of export growth.
“Exporting should be seen as a strategic investment decision for business owners, competing with decisions like investing in new machinery and new premises.
“A tried and tested route to growth for strong businesses, exporting can also give firms access to new and larger markets, but as with every business development strategy it’s important that companies are fully prepared for the challenges these new markets may present.
“At Bank of Scotland we work closely with organisations such as Scottish Development International, the Scottish Council for Development and Industry, UK Trade and Investment and UK Export Finance, to provide support both to first time and established exporters, helping them to understand and manage the additional risks inherent in international trade.”