ABN AMRO announced yesterday the appointment of Peter Boogers as Global Head of Energy within the bank's Energy, Commodities & Transportation (ECT) business.

Mr Boogers is promoted from his previous position as Head of Risk Management for the ECT, Real Estate and Project Finance portfolios in ABN AMRO's Large Corporates & Merchant Banking division. He starts the new role next month and reports to Maarten Terlouw, previously Global Head of Energy and appointed Global Head of ECT in August.

He started his career at MeesPierson in 1995 before joining the Global Energy Group at Fortis (following its acquisition of MeesPierson in 1997) where he worked in a variety of roles in the Netherlands, US and Canada. He joined the new ABN AMRO in 2009 as Head of Credit Risk for Merchant Banking. An MSc graduate in Petroleum Engineering from Delft University, Mr Boogers has an MBA from Rotterdam School of Management and a MSc in Risk Management from New York University's Stern Business School.

Maarten Terlouw, Global Head of ECT at ABN AMRO, commented:

"Peter's broad experience in both international energy financing and risk management make him strongly qualified to lead the further development of our global Energy business, as we seek to expand our global capabilities beyond the bank's recognised strength in offshore oil services* into upstream and midstream financing."

ABN AMRO's ECT business provides standard and structured wholesale banking services to global clients in sectors such as commodity finance, shipping, oil & gas and offshore oil services. ECT is headquartered in Amsterdam and now includes offices in Athens, Dallas, Dubai, Hong Kong, London, Moscow, New York, Oslo, Rotterdam, Sao Paulo, Shanghai and Singapore - part of the bank's overall international network spanning 23 countries and territories.