NatWest has appointed Christopher Agathangelou as its head of digital capital markets.
The executive is set to lead a new team within the bank’s capital markets division focused on blockchain technology.
The new team will have responsibility for delivering credit and rates products which use digital channels and currencies to investors and consumers, using blockchain technology.
Christopher joined NatWest from investment bank Nomura in 2017 and was previously head of flow credit syndicate.
The news comes as many traditional financial institutions are making hires in the digital assets space.
In November, Citigroup announced it is planning to create 100 new roles focused on digital assets including blockchain and cryptocurrencies.
“Distributed ledger technology will increase transparency, minimise costs, lead to faster execution, and increase capital efficiency for NatWest Markets’ clients,” said a NatWest spokesperson.
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