Rajiv Singh Appointed Chief Executive Officer Of Rabobank North America Wholesale

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Oct 14, 2014, 08:00 ET

NEW YORK, Oct. 14, 2014 /PRNewswire/ -- Rabobank, the global financial services leader, announced that Rajiv Singh has been appointed Chief Executive Officer for Rabobank's North America Wholesale banking business.

As CEO, Singh will head the bank's wholesale client activities in the U.S., Canada and Mexico, which include corporate banking, mergers and acquisitions, specialized products, food and agribusiness research, and capital markets activities, as well as all operational and support functions. Singh will also chair the executive management team for the North American Wholesale business.

Rabobank is a premier bank to the global food and agriculture industry, and a leading financial partner to the top food, beverage and agribusiness companies in North America, where the bank has operated for more than 30 years. Rabobank's wholesale banking arm provides tailored financial solutions and advisory services to companies operating from "farm gate to plate" along the food chain, including the crop input, industrial production, manufacturing and processing, trade, distribution, retail, and food service segments. Rabobank is recognized for its expertise and experience in all major sectors of agriculture/agribusiness – animal protein, grains and oilseeds, beverages, dairy, fresh produce, sugar, farm inputs, forest products, and value-added processing – a compelling advantage in an often cyclical industry.

Singh replaces previous CEO Ruurd Weulen Kranenberg, who has been appointed to a newly created regional position, overseeing governance for all of Rabobank's businesses in North America (wholesale and retail banking, agricultural lending, and leasing).

"Rajiv brings significant financial services experience and strong leadership skills to the CEO role, which will be valuable assets in leading the growth and evolution of our wholesale banking franchise over the coming years," said Weulen Kranenberg. "Equally important, his passion for delivering value to our clients and his partnership-oriented approach will further strengthen our ability to provide best-in-class advisory and solutions to meet the financial needs of our clients across the food and agribusiness, energy, metals, and financial markets."

Previously, Singh was the North American Head of Professional Products, Rabobank's wholesale banking products division, which delivers a broad suite of specialized financial solutions and services to the bank's core clients. He joined Rabobank in 2010 to lead its Global Client Solutions business in North America, which provides bespoke, innovative solutions for Rabobank clients.

Singh's career includes a decade of investment banking experience, including roles at Deutsche Bank and Credit Suisse First Boston, as well as management positions in corporate strategy and execution at United Technologies and Nestle. Singh holds a Master of Business Administration from Harvard University. Additionally, he has Master and Bachelor of Technology degrees from the Indian Institute of Technology.

Rabobank Group (www.rabobank.com) is a global financial services leader providing wholesale and retail banking, leasing, real estate, and renewable energy project financing. Founded over a century ago, Rabobank is one of the largest and safest banks in the world, with nearly $1 trillion in assets and operations in more than 40 countries, and ranks among the highest rated private banks by Standard & Poor's and Moody's. In North America, Rabobank provides wholesale banking services to leading food and agribusiness, renewable and "traditional" energy, metals, and financial institution clients, as well as leasing services, retail banking in California, and agricultural production lending across the U.S. Rabobank. The Financial Link in the Global Food Chain.^®

SOURCE Rabobank