RBC GAM appoints international business chief

RBC Global Asset Management, the asset management arm of the Royal Bank of Canada, has appointed Clive brown as chief executive and managing director of international business.

In this role Brown will oversee RBC GAM’s business in Europe, the Middle East, Africa and the Asia Pacific region.

From 1 October Brown will be based in RBC GAM’s London office and report to RBC GAM chief executive John Montalbano.

After starting his career at PwC as a chartered accountant, Brown spent 21 years at JP Morgan Asset Management.

Most recently at JPMAM Brown was global chief operating office and chairman of Asia and was also previously chief executive of JPMAM International.

Montalbano says: “RBC Global Asset Management’s global growth plans include a focus on Europe, the Middle East, Africa and the Asia Pacific region.

“Clive has an exceptional background and is ideally suited to provide focus and direction to our teams in London and Hong Kong in support of our business expansion plans in these regions.”