Oct. 11 (Bloomberg) -- Royal Bank of Scotland Group Plc said Mark Fisher will replace Rijkman Groenink as chairman of ABN Amro Holding NV after the U.K. bank and its partners won shareholder backing for the biggest financial-services takeover.

Fisher, 47, helped manage the integration first of National Westminster Bank Plc after the Edinburgh-based lender bought it in 2001 and then Churchill Insurance, according to documents filed by Royal Bank with the Securities & Exchange Commission last year.

Groenink, 58, who struggled to fend off the Royal Bank-led group and backed a lower bid by rival U.K. bank Barclays Plc, plans to step down at a shareholder meeting, the Dutch bank said yesterday. The other existing members of ABN Amro's management board will retain their positions with revised responsibilities, according to the statement.

``The nominees for the board demonstrate our commitment to select the best talent from the enlarged pool of people available across all of our banks,'' Royal Bank CEO Fred Goodwin, Fortis CEO Jean-Paul Votron and Emilio Botin, chairman of Banco Santander SA, told ABN Amro employees in an e-mail today.

Fisher is CEO of the manufacturing division and a member of Royal Bank's board, the companies said in an e-mailed statement today. The manufacturing unit manages Royal Bank's property, purchasing, information technology and back-office services. Fisher was previously finance director and chief operating officer of National Westminster Bank's retail arm.

`Good Team'

``It would make sense for him to be tapped as head of ABN Amro if he's going to be integrating it anyway,'' said Sandy Chen, an analyst at Panmure Gordon & Co. in London. ``He knows his stuff and he's got a good team.''

The existing ABN Amro directors will be joined by representatives from Royal Bank and its partners, Fortis and Santander. Brian Crowe, who runs Royal Bank's global-markets division, will take over ABN Amro's global clients, capital markets and transaction banking business units. John Hourican, who runs European leveraged finance at Royal Bank, becomes chief financial officer.

Paul Dor from Fortis will run asset management. Javier Maldonado, who runs wealth management and corporate banking at Santander's Abbey U.K. unit, will take over responsibility for ABN Amro's Latin American businesses.

Goodwin, Votron and Juan Inciarte, general manager of Santander, will join ABN Amro's supervisory board.

Below is a table of the people on the new managing board at ABN Amro, their responsibilities and backgrounds:

Name                    Responsibility                Background

Mark Fisher             Chairman                      RBS

Wilco Jiskoot           Vice Chairman                 ABN Amro
                        Private Equity

Karel de Boeck          Vice Chairman                 Fortis
                        Communications, HR
                        Public Affairs

Joost Kuiper            North America                 ABN Amro

Brian Crowe             Global Clients                RBS
                        Global Markets
                        Transaction Banking

Piero Overmars          Asia, Europe                  ABN Amro

Paul Dor                Asset Management              Fortis
                        Private Clients

Jan Peter Schmittman    Netherlands                   ABN Amro

Javier Maldonado        Latin America                 Santander

Marta Elorza Trueba     Antonveneta                   Santander

Ron Teerlink            Services                      ABN Amro
                        Market Infrastructure

Huibert Boumeester      Chief Risk Officer            ABN Amro

John Hourican           Chief Finance Officer         RBS

To contact the reporter on this story: Celeste Perri in Amsterdam at at cperri@bloomberg.net.

Last Updated: October 11, 2007 08:34 EDT