RBC Wealth Management makes key appointment

Posted: 08/05/2019

Dave Thomas_RBCRBC Wealth Management, part of Royal Bank of Canada (RBC), has announced the appointment of Dave Thomas 9pictured) as Head of RBC Wealth Management – International.

Dave will lead RBC’s Wealth Management businesses in the UK and the Channel Islands, but will continue his role as Chief Executive Officer of RBC Capital Markets Europe. 

Based in London, he will have a joint reporting line to Doug Guzman, Group Head, RBC Wealth Management and Insurance, and to Troy Maxwell, Chief Operating Officer, RBC Capital Markets.

Under his new mandate, Dave remains on the Global Capital Markets Operating Committee and joins the Wealth Management and Insurance Operating Committee. 

He continues to chair the Capital Markets Europe Operating Committee and the WM-I Operating Committee. He remains Executive Director, RBC Europe as well as Chairman, RBC Global Asset Management (UK).

Dave joined RBC in 1992 and has held a number of global and regional mandates in the Capital Markets business, technology and functions across the organisation.

In his expanded role, he is supported by David Bailey as Chief Operating Officer, RBC Wealth Management – International. In this newly created role, David is responsible for leading business strategy initiatives and enhancing operational efficiency. 

Since joining RBC 18 years ago, David has held senior finance roles, most recently as Senior Director, Finance, RBC Wealth Management – International. He is based in Jersey, where RBC has had a presence since 1962 and is one of the island’s largest private employers.

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