RBC I&TS continues global coverage drive with new UK head

Former England rugby union captain Pat Sanderson joins RBC I&TS from JP Morgan, the latest hire for the global client coverage team.
By Joe Parsons

RBC Investor & Treasury Services has hired a former England rugby captain as head of global client coverage in the UK from JP Morgan, marking the fourth hire to join RBC from the US investment bank.

Pat Sanderson joins RBC after previously led investor services sales and strategy for JP Morgan’s insurance clients. He also held sales and product roles with Citi and Deutsche Bank.

Before joining the financial services industry, Sanderson was an international rugby player, captaining the England rugby union in 2006 for their tour in Australia. He was also captain for Worcester

Reporting to Richard Street, head of global client coverage for Europe, Middle East and US, Sanderson will head the Canadian custodian’s client relationship and market share in the UK.

“His leadership skills will be of significant benefit as we continue to invest in our products and technology, and grow our UK business,” said Street.

RBC I&TS has placed significant emphasis on boosting its client facing team globally, and has made a number of key appointments in Asia-Pacific and Europe, most of which came from JP Morgan.

Most recently it hired industry veteran David Brown and Hong Paterson from JP Morgan to lead global client coverage in Australia and Singapore. Furthermore it appointed Aneet Shah as head of global client experience in August, a former custody product expert for JP Morgan.

Many of RBC’s appointments from JP Morgan can be originated from the hire of Francis Jackson in 2015 as head of global client coverage for asset managers, pension funds and sovereign wealth funds. He was previously JP Morgan’s head of investor services sales EMEA for over eight years.