Sir Jon Cunliffe, Deputy Governor of the Bank of England with responsibility for Financial Stability has also been re-appointed, effective from 1 November 2018.
Patrick, whose appointment is subject to regulatory approval, has significant expertise in technology development and operations
In this respect he will work alongside Caroline Trotter, Head of Global Insurance Partnerships, and her team who manage the investment relationship with this important strategic client on a more day to day basis.
Taylor is joined by Richard Walker, formerly of Societe Generale according to Reuters, in the role of chief executive and Yuri Maslov, formerly a partner and equity analyst at Nevsky.
During part of the period investigated by Dutch prosecutors, Timmermans headed the bank’s Netherlands unit, which was at the center of the probe.