RBC Wealth Management has appointed Brenda Vince as head of Wealth Management Strategy, effective 1 February 2009. Brenda will move from her position of president, RBC Asset Management giving this role most possibly to Doug Coulter, currently president and CEO of RBC Direct Investing.
Brendas activities in the new position will be directed to businesses, product lines, channels and clients. Darrell Oswald and Patrick Keeley, co-heads of the combined discretionary wealth management business of RBC and Phillips, Hager & North (PH&N), will continue to report to Brenda as they lead one of the largest private client investment counselling firms in Canada.
Company also expends the role of Damon Williams, currently the head of Institutional Management for PH&N he will appointed president of Phillips Hager & North (PH&N), effective 1 February 2009.
With her exceptional strategic insight, client focus, experience and commitment to operational excellence, Brenda will now be a great asset to all of our Wealth Management businesses as we continue to execute our strategy to extend our lead in Canada, expand in the U.S. and internationally, and attract and retain experienced professionals across all of our businesses, says George Lewis, group head, RBC Wealth Management.
Doug has what it takes to maintain and build RBC AM’s leadership among Canadian asset management companies, to continue to serve the investment needs of all of our clients and to grow our global investment capabilities, says John Montalbano, chief executive officer, RBC Global Asset Management. His proven ability to manage a dynamic organization in a highly competitive marketplace will be valuable as RBC Asset Management continues its growth strategy.
Damon has demonstrated outstanding leadership at the helm of PH&N’s institutional business,” says John Montalbano, current president of PH&N. “His unwavering commitment to putting clients’ interests first makes him an ideal leader of both PH&N and our combined institutional business.”
L.D.