Royal Bank of Scotland Commercial Services, the invoice finance arm of Royal Bank of Scotland, has appointed Jason Morgan as chief operating officer.

He will be responsible for the delivery of services for factoring and invoice discounting clients both in the UK and in Europe. Morgan will be based at RBS Commercial Services head office in Feltham. He will report to Adrian Sainsbury, managing director of the business.

Previously Morgan was at Barclays where he was the chief operating officer for the asset and sales finance business. He has also held a number of senior positions in his 19 years at Barclays including operations director, asset and sales finances and director for business transformation.