In his new role, Mariveles will be responsible for developing the French bank’s franchise with advisers in the UK. He will report to managing director of sales for the UK and Ireland Didier Imbert and head of distribution for listed products and ETFs in the UK, Nordics, France and Benelux Alexandre Houpert.

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Mariveles, who left RBS in December, previously worked as managing director of RBS’s structured products division. Prior to this, he was director of Barclays Capital for 13 years and was the first chairman of the UK Structured Products Association when it launched in November 2009.

Commenting on the appointment, Houpert said: "Zak brings with him a deep understanding of the UK market as well as breadth of experience. His appointment already compliments an established team, which will enhance our franchise as a leading UK structured product business."

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