RBS hires Li Cui to replace Simpfendorfer

The Royal Bank of Scotland (RBS) has appointed Li Cui as chief China economist to lead the bank's macroeconomic coverage of China. Cui is replacing Ben Simpfendorfer, who recently left the bank after five years of service.

Cui will be based in Hong Kong and will report to Sanjay Mathur, head of research and strategy for non-Japan Asia. The appointment is part of RBS’s continued investment to strengthen its research capacity, the bank said.