Mark Wilten, an executive director in asset securitization and principal finance at Westdeutsche Landesbank in London, has joined the securitization group at Rabobank International, also in London, as an executive director. He reports to Alan Cameron, European head of securitization. Neither Wilten nor Cameron returned calls by press time.
At WestLB, Wilten reported to Ian Beckman, managing director, who earlier this year took over the troubled principal finance group from Robin Saunders, according to an official familiar with the business. The group has shrunk from 20 to six or seven professionals and is in the process of unwinding positions, he added. Calls to Beckman were not returned.