London-based RBC Wealth Management has established an Eastern European desk as it looks to further its expansion in the region.
Justyna Jackholt will lead the desk as director, where she will be responsible for identifying and building new relationships with Eastern European clients.
This announcement comes as part of RBC’s recently revealed plans to boost headcount within its UK private wealth management arm from 30 to 100 by 2015.
In April it set up a Middle Eastern desk in London, with the hire of three directors.
Prior to joining RBC, Jackholt was vice president at Clariden Leu’s London office. She has also worked for the European Bank for Reconstruction and Development where she was responsible for business development across central and Eastern Europe, the Balkans and central Asia.
Jackholt will report to Philip Harris, head of private client wealth management of RBC’s UK division, who said her invaluable experience and contacts was welcomed as the bank looks to expand its presence across Eastern Europe and Russia.
“We believe that clients will be particularly attracted to our ability to lend thanks a strong credit facility, as well as our world-class trust capability and RBC’s expertise in natural resources,” he added.
RBC said further senior appointments to the Eastern Europe desk can be expected over the next few months.