Sweden’s SEB bank has appointed Nick Blake as head of transaction services for large corporate and financial institution business in the UK.

Blake will replace Mark Cooper, who will stay in the team as a business manager focusing on UK corporate clients.

Blake has over 30 years of experience within the banking sector, particularly in transaction services. He has held management and sales positions at several major financial institutions including JP Morgan, RBS and HSBC.

Commenting on the new hire, Mark Luscombe, head of SEB UK, says: “This appointment comes at a time when SEB is increasing its coverage of UK corporates and developing its UK business. Based in London, Nick will contribute his industry experience to the team, reporting globally to Paula Da Silva, head of transaction services and locally to myself.”

Blake comments: “I look forward to working with my colleagues at SEB to support the transaction services business in the UK, helping to meet evolving client needs.”