RABOBANK Group announced last week that David F. Bassett will succeed Robert S. Bucklin as director of the wholesale client division in North America.
Bucklin, who also is vice chair of Rabobank International, the North American business of Rabobank Group, is retiring this summer after 20 years with the bank, according to the announcement.
Basset will be responsible for the bank's wholesale agribusiness, food and beverage franchise, mergers and acquisitions and the Food & Agribusiness Research Advisory in the U.S., Canada and Mexico, the announcement said.
He has two decades of banking experience, most recently as global head of syndicate at the Royal Bank of Scotland in Connecticut, which he joined in 2004. He previously was with Citigroup for 12 years.
Bucklin has been director of the wholesale client division for 19 years and led the bank's evolution in North America from a niche lender into "a multi-product lead arranger for multinational companies," with $20 billion in commitments to agribusiness and food firms in the region.
He joined the bank as head of its office in Dallas, Texas, in 1993 and relocated to New York City in 1994 to head the U.S. corporate banking franchise. He was named vice chair in 2010.
Rabobank International, based in New York City, is one of North America's leading financiers to agribusiness and food companies and energy, bioenergy and renewable energy infrastructures.
Rabobank Group, headquartered in the Netherlands, is a global leader in financial services, with $1 trillion in assets and operations in more than 40 countries.