Royal Bank of Scotland has seen the departure of its chairman and chief executive for China.
Royal Bank of Scotland, the UK-headquartered bank, has announced the resignation of its chairman and chief executive for China.
Sherry Liu departed her post to pursue "outside interests,", the firm said. Liu, who assumed the role in April 2011, was responsible for driving the bank's overall strategy in China.
Before joining RBS, Liu was with JP Morgan Chase, where she last served as vice chairman for the bank's China businesses.
RBS China is headquartered in Shanghai and has five branches manned by 500 employees.