RBC Dexia Investor Services has strengthened its operating model with a strategic re-orientation of leadership functions.
Rob Wright, formerly Chief Operating Officer, will assume the new role of Global Head, Product & Client Segments. He will set the overall strategic direction for client segments, including funds, pensions and financial institutions, and the core products and services that support them.
He will also be responsible for client service globally and management of the two key operating centres in Luxembourg and Canada.
Joanna Meager, currently Managing Director, UK, Ireland and Middle East, will become Global Head of Operations. In this newly-created role, Joanna will be responsible for managing day-to-day global operations and will develop an integrated global operating model.
Laurent Vanderweyen, formerly Chief Administrative Officer, will become Managing Director (MD) for Luxembourg, and John Lockbaum, formerly head of fund services North America, will become Managing Director for Canada. Both positions will report to Rob Wright on the Group Executive Committee (GEC). All other MDs will report to Tony Johnson as Global Head, Sales & Distribution, who will also drive strategic client management on a global basis.
RBC Dexia is also elevating the integrated risk management function to the GEC level with the new position of Chief Risk Officer. The role will have responsibility for policy development and for managing all credit, operational & market risk on a global basis. An appointment will be announced in due course
Michael Wilson will become Global Head, Strategy and Corporate Services. In this new role he will also lead Human Resources, Marketing & Communication and Legal & Compliance.
Jean-Michel Loehr, presently CEO of RBC Dexia IS Bank S.A. in Luxembourg, will move to a new role as Chief Industry & Government Affairs Officer, where he will drive policy development and impact analysis, as well as key industry and government relations. He will report to Jos Placido, who remains Chief Executive Officer of RBC Dexia Investor Services, and he will remain on the board of the Bank.
In addition to the new positions, other roles that comprise the GEC will remain, with Kevin Powers as Chief Financial Officer, Susan Pike as Global Head, Market Products and Eric Mansuy as Chief Information Officer.
“As a company we have consistently delivered impressive results, driven by the commitment of our staff and their expertise, says Jos Placido, chief executive officer, Investor Services, RBC Dexia.
“The evolution to a global operating model will ensure we stay at the forefront of changes in the marketplace in meeting our clients needs. This realignment will propel future growth and position us effectively to deliver the excellence our clients demand, and have come to expect from us.
L.D.