Mr Peters, who took up the role in October, is based at the bank’s office at The Mound and will lead a team of seven, including five relationship managers and two relationship directors. Together, they will support businesses across key sectors such as manufacturing, retail, professional and legal services.

With more than two decades of experience in commercial and retail banking, Mr Peters joins from HSBC, where he spent 22 years in senior roles, most recently as regional head of SME Business Banking Direct. There, he led a national portfolio of clients across multiple sectors, supporting firms to expand both in the UK and internationally. His deep market knowledge and commercial insight will bring valuable perspective to businesses across Edinburgh and the East of Scotland.

His appointment reinforces Bank of Scotland’s focus on building strong, lasting relationships and providing more than just financial services - combining tailored guidance, local knowledge and sector expertise to help firms succeed.

Mr Peters said: “Edinburgh has one of the most dynamic and diverse business communities in the UK, with firms that continue to innovate and invest.

“My focus is on ensuring they have the right insight, funding and connections to achieve their ambitions. It’s an exciting time for the city’s economy, and I’m looking forward to building strong relationships across its business community, along with further afield across the East of Scotland.”

Martyn Kendrick, regional director for Scotland at Bank of Scotland, said: “Matthew brings a wealth of experience and a deep understanding of business needs. His leadership and drive for relationship banking will be a real asset to our Edinburgh team and to the businesses they support.”

Mr Peters will take over from Angela Smillie and Clare Richardson, both moving into new roles within the bank.