Rabo
band
Rabo
band
Tel (030) 902811/902835
Foreign Branches, Subsidiaries
and Representative Offices of
Rabobank Nederland:
Issue 1/April 7, 1988
- Dutch Desk (liaison with Rabobank and
general advice and research for Dutch
companies);
- Dutch corporations (banking services to
Rabobank clients which have branches
or subsidiaries in the UK);
- Agribusiness (banking services to agri-
business companies generally with turn-
overs of less than £250,000,000);
- Commodities (banking services to main-
ly soft-commodity traders and other in
ternational traders).
The personnel consists of: Chris Jenkins,
Head of Department; Saleha Lahiani, Man
ager Commodities; Cora Gelbstein, Assistant
Manager/Dutch Desk; Andrew Aitken, Assist
ant Manager/Credit Analyst; Ellen Boon,
Secretary/Dutch Desk; Nick Walker, Credit
Analyst and Katie Tree, Secretary.
London branch offers its customers a
full range of banking services, including
cheque accounts, overdrafts, loans for both
short and medium term periods, foreign ex-
change, documentary credits, acceptances,
Islamic finance; guarantees (to, for in-
stance, Customs authorities and EEC inter-
vention boards) and performance bonds.
Dealing Room
The branch started its dealing opera-
tions on 1 October 1985, with 2 people.
Reer Bieren, now in Rabobank Singapore,
and John Delves. It had a balance sheet to
build, activities to create and 4 seats - 5
when Reer left - to fill. The activities have
gradually been developed and the dealing
room now quotes spot and forward foreign
exchange to our customers and endeav-
ours to provide competitive pricing in all
the major currencies. We are also active in
the interbank market and provide spot and
forward quotations in dollar/guilder, dol
lar/mark and dollar/sterling as well as
cross currency rates.
The activities in the deposit money
markets encompass interbank eurodollars
together with certificate of deposit and
bills of exchange trading in sterling and
eurodollars. Customers loan requirements
also found in the major currencies and
posit quotations are provided. The deal
ing room also deals in forward rate
agreements, interest rate swaps, floating
rate notes and will soon start futures
trading. These latter activities have been
developed to provide a customer service as
well as assist in the running of the branch's
own books. The dealing room now com-
prises: John Delves, chief dealer; Pat Hinnell,
corporate and guilder dealings; Bob
Graham, spot foreign exchange; Kevin
Hayden, currency deposits and securities
dealing; Darren Warburton, junior dealer and
Tracey Dowell, positions clerk/trainee dealer.
The Auditor
Our Internal Auditor is Pieter van Bar-
neveid. He joined us on lst August 1985
from the Audit Department at Rabobank in
the Netherlands, to help set up procedures
for London branch. His duties are to pro
vide the General Manager with an inde
pendent report of the activities of the
branch in order to improve control by ad-
vising on internal organization, work proce
dures and financial reporting. He also
makes recommendations to enhance
quality and efficiency.
The Dealing Room staff, from left to right Kevin
Hayden, John Delves, Tracey Dowell and Bob
Graham.
Administration Department
The department was the first to be de
veloped once the decision to open a
branch was taken, lts primary role was to
ensure that the computer and other
systems were in place and operational by
the opening date. This objective was
achieved and on lst October 1985 the de
partment held a staff of nine. Of these,
seven are still employed in the branch. With
the growth of business, the old Operations
Department was reorganised during 1987
with two main areas, Banking Operations
and Finance Control.
Banking Operations is managed by
Padraig McCreesh who has two sections
under his control, these being Settlements
and General Banking. General Banking, su-
pervised by Paul Harding, has responsibili-
ty for the administration of all documenta
ry and bill business, customer account ac
tivities, Quick Cheques, safe custody and
outward transfers. Mr Harding is assisted
by the following staff: Terry Scotchmer and
Karen McKellar (Documentary Credits),
and Lynne Quilliam and Martin Chantree
(Customer Accounts). The Settlements area
is supervised by Tony Hill who, together with
Tina Knight and Kirstie Atkinson, looks after
the administration of deals made by the
branch Deposit and FX dealers.
Finance Control is managed by the
Chief Accountant, Cameron McCrea, who
has three main functions reporting to him,
those of Accounts where Joanne Pilcher
and James Law look after the branch's ac
counting and control records; Data Proces
sing Communications where Philip Lle-
wellyn as our analyst programmer has the
task of ensuring that the various systems,
including automated payments, are con-
stantly available. Mr Llewellyn is assisted
by Belinda Bishop. Roy Kilpatrick is re-
sponsible for Office Services Messen-
gers and is assisted by Reg Seal (the Nes
tor of our employees). We have recently
taken the services of Erica von Poppe as
our receptionist. She has recently moved
to Britain and was previously employed by
Rabobank Zeist. Gill Farrow has a dual
role, that of personnel administration and
also as secretary to David Stiff who is
head of the department.
INTERNATIONAL
Editorial staff
Stan Polman and Thea Mutsaers-Fibbe
(Editorial Department)
Anton Nillesen and Gyula Vigh van
Ujvaros (International Division)
Editorial address
Rabobank Nederland
P.O. Box 17100
3500 HG Utrecht
The Netherlands
Fax (030)902845
Correspondents
Henk Adams (Indonesia), Ellen Boon
(London), Otmar Heinz (Germany), Jan
van Hunen (Curagao), Raymond Koh
(Singapore), Jacqueline Le Moignier
(Paris), Sjouke Postma (Hong Kong),
Karl Stoops (Antwerp) and Mia van de
Ven (New York).
Designed and printed by
Hoonte Holland, Utrecht
Translation
Rabobank Nederland Translation
Department
Contributors to this issue
Maarten van den Bergh, Herman
Jonkman, Cees van Rest, David Stiff
Branches
New York Branch/USA
Antwerp Branch/Belgium
London Branch/United Kingdom
Singapore Branch/Republic of
Singapore
Representative Offices
Paris/France
Hong Kong
Jakarta/lndonesia
Subsidiaries
Federal Republic of Germany
ADCA-BANK AG
Head Office; Frankfurt am Main
Branches in: Berlin, Düsseldorf,
Frankfurt am Main, Hamburg, Hannover,
München (Munich) and Stuttgart.
Netherlands Antilles
Rabobank Curagao
Willemstad, Curagao
