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BCCJ ACUMEN - Ernfred Olsen - Country executive for the Royal Bank of Scotland Japan


Ernfred Olsen

By Julian Ryall

Country executive for the Royal Bank of Scotland Japan

Founded in Edinburgh in 1727, the Royal Bank of Scotland (RBS) has over 140,000 employees and serves about 30mn customers in 38 countries. In the third quarter of 2012, RBS reported a core operating profit of £1.633bn, up from £980mn the previous year.

RBS started its Tokyo operation and introduced its distinctive logo in 2001, after having acquired the National Westminster (NatWest) Bank Group in 2000 and the business of the NatWest Tokyo Branch that had opened in Tokyo in 1971.

Ernie Olsen, the country executive for RBS Japan since February 2010, has overseen the institution’s recovery in the Japanese market in the aftermath of the global financial crisis that commenced in 2007.


British Chamber of Commerce in Japan 在日英国商業会議所 https://www.bccjapan.com/

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