Tim Skeet is taking over as head of covered bond origination at Royal Bank of Scotland, with the departure of previous head Christoph Anhamm to ABN Amro, where he will help build the European financial institutions business.

Anhamm (pictured, right) had been at RBS since the UK bank took over its share of the old ABN Amro’s operations. He had joined the Dutch bank in 2001 from HypoVereinsbank (now UniCredit), until 2008 working as head of covered bond research.

Anhamm is joining the new ABN Amro in financial institutions debt capital markets where he will help build the European FI business.

Skeet joined RBS in April 2011 from Bank of America Merrill Lynch, where he had been head of covered bonds. He arrived at Merrill Lynch in 2006 from ABN Amro, where he had been head of covered bonds after joining in 2003.

Skeet will retain his responsibility for financial institutions DCM for the Nordics and the Netherlands. He reports to Gordon Taylor, head of financial institutions capital markets, and will, among others, work with Jez Walsh, head of covered bond syndicate at RBS and another alumnus of the old ABN Amro.

Skeet is also a board member of the International Capital Market Association and chairman of its committee of regional representatives.