Press Release: ABN AMRO makes senior appointment in North America

ABN AMRO makes senior appointment in North America

ABN AMRO is pleased to announce Eelke Oosterhuis has been appointed as Head of Basic Materials North America. Stefan Ras will take over Mr Oosterhuis' current role as Head of Energy Asia.

Eelke Oosterhuis (45) joined ABN AMRO in New York in 2007 after almost 10 years with ING Structured Finance. In 2010, he returned to the Netherlands as executive director in Capital Structuring & Advisory. In 2011, Mr Oosterhuis became the head of Energy Clients Asia.

Maarten Terlouw, CEO Americas and Natural Resources at ABN AMRO, said: 'Our ambition for the Americas is to further build and expand our relevance to our clients in the sectors in which we are active. With Eelke Oosterhuis on board, I am confident we will be able to successfully build up ABN AMRO's basic materials business in North America'.

International growth
Globally, ABN AMRO has a long history of serving international clients in sectors and areas where the bank has leading positions such as Energy, Commodities, Transportation and Clearing. Building on this, as announced in August 2016, ABN AMRO has the ambition to grow its business in specific targeted sectors inthe Americas, the APAC region and Northwest Europe.

This growth includes expanding coverage and financing activities for the bank's existing sectors as well as for adjacent areas such as Food & Agriculture and Basic Materials. The Basic Materials team will focus on (global) leaders in the metals & minerals reserves extraction, chemical product manufacturing and the production of construction materials such as cement, asphalt, glass and bricks.

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