RBC Global Asset Management Taps Clive Brown As EMEA CEO

RBC Global Asset Management, a subsidiary of the Royal Bank of Canada has appointed longtime industry veteran Clive Brown as its CEO and Managing Director, responsible for its international business division.

The Royal Bank of Canada (RBC) deals with a variety of asset classes, with a strong foundation in Canada as well as North America for clientele – growing its international business is one of its new ambitions. The addition of Clive Brown represents a prudent choice to this end, given his experience in such locales as New York, London, and Hong Kong. In his new role as CEO and Managing Director, he will be based out of London and will report to John Montalbano, the Chief Executive of RBC GAM.

More specifically, Mr. Brown will focus on RBC’s business in Europe, the Middle East, and Africa (EMEA), while also focusing on the Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) region. Prior to joining the RBC, Mr. Brown most recently worked as the Global COO and Asian Chairman at JPMorgan – in addition to other senior roles at the banking giant dating back to 2001.