OXON: The Bank of Scotland Corporate commercial division which operated throughout the South East has been split in two resulting in a new team dedicated to increasing market share for the bank in the region.

Karl Leitelmayer has been appointed area director responsible for Oxfordshire and Buckinghamshire reporting directly to Phil Beales, who has been appointed as head of commercial business for the South East.

Mr Leitelmayer said: "I am delighted to be leading the Bank of Scotland's Commercial Business team here in Oxfordshire and Buckinghamshire.

"The opportunity to increase our presence here represents a new and fresh challenge for me and for all of us in the commercial business division."