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.

 

Expansion plans

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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.