RBC Investor & Treasury Services, which forms part of the Royal Bank of Canada, has hired Andy Allen as the managing director of its Investor & Treasury Services business in Singapore.
Allen, who most recently served at JP Morgan Investor Services, holds more than 25 years of experience in global banking.
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He has comprehensive knowledge of the securities industry, risk management, the local operating and regulatory environment and relationship management of clients.
Allen will be based in Singapore in his new role.
Commenting on Allen’s appointment, Andrew Gordon, managing director of Asia at RBC Investor & Treasury Services, said: "Singapore is a leading market for UCITS fund distribution in Asia, a significant hub for wealth management and home to a number of sovereign wealth funds. Andy’s extensive experience in the industry together with his relationships in Asia will be invaluable in leading our business and client activity in this important market."
