RBC Wealth Management
RBC Wealth Management, part of Royal Bank of Canada (RBC), has today announced the appointment of Fiona Lucas as managing director, relationship management, in the firm’s London office.
In her newly-created role, Lucas will be responsible for driving the overall performance of client teams within the sales and relationship management division and further expanding the firm’s network of relationships within the advisory community. She will report to Ross Jennings, head, sales & relationship management, RBC Wealth Management – International.
Lucas brings over 20 years’ experience in the private banking and wealth management industries, most recently as Director, Private Banking at Credit Suisse. Before that, she worked for Barclays Wealth and Lloyds TSB, in London and Hong Kong.
Commenting on the appointment, Ross Jennings said: “We are delighted to welcome Fiona to our Sales & Relationship Management team. Her knowledge and experience will further enhance our client service capabilities, and strengthen our position as a leading wealth manager in the UK and Channel Islands.
“Our client teams are built from diverse pools of talented individuals enabling us to understand, and deliver on, the complex needs of our clients. Having Fiona join the team strengthens our capabilities to serve clients and demonstrates our ongoing commitment to attract high quality individuals to RBC who will help support our growth efforts both now and in the future.”
Lucas’ appointment supports RBC Wealth Management’s client segmentation-driven strategy, focused on serving clients across three primary groups: Business Owners & Entrepreneurs; Corporate Executives; and Multi-Family Offices.
SANNE has confirmed the appointment of Tracy Burns as director of global operations. Based at SANNE’s headquarters in Jersey, Burns will be responsible for leading the development and rollout of SANNE’s operations, helping to support the business with its fast growth and creation of global operational centres of excellence. This appointment also sees Tracy becoming a member of the Groups Services leadership team led by Eric Watson, SANNE’s Chief Operating Officer.
Before joining SANNE, Burns was chief administrative officer at RBSI, where she gained significant experience in leading specialist and large-scale operational teams including payments, change management, property services and AML across a number of business segments and jurisdictions. Tracy has also held operational positions with RBS and Coutts. She also holds a Certificate from the Institute of Directors in Company Direction.
Tracy will help to ensure that SANNE’s best practice, efficiency and integrity is maintained at a global level whilst helping to maintain SANNE’s position as a thought leader and industry innovator both in Jersey and globally.
Eric Watson, COO at SANNE said: “Tracy’s appointment will strengthen SANNE’s leadership team, her extensive experience in operations will be vital to the business as we continue to expand. Tracy will lead our work in KYC and CDD activities and position us to be able to expand these operations globally, so we can deliver right-first-time outcomes to clients and maximise efficiencies and controls. It will enable us to drive forward with the simplification, standardisation, automation and centralisation of our processing activities.”
Burns added: “SANNE is a dynamic and innovative business, this is an exciting time and I am thrilled to now be a part of their journey.”
Banque Internationale à Luxembourg (BIL) has appointed Laurent Abinet as senior investment adviser.
Abinet joins BIL from Inter Fund Management, where he worked as a senior equity portfolio manager during more than two years. Prior to that, the equity specialist worked as a senior portfolio manager at Banque Privée Edmond de Rothschild Europe, based in Luxembourg for some four years.
Abinet also worked holding various positions at ING, where he served for ten years from 1996 to 2006. He joined ING’s Luxembourg team as a senior private banker and later worked as a senior portfolio manager, responsible for the management of a $500m US equity fund based on an investment process combining a top-down approach for sector allocation to a bottom-up security selection.
At ING Group, he also worked as a senior portfolio manager and as a senior risk manager for some four years.
Banque Internationale à Luxembourg, founded in 1856, is the oldest multi-business bank in the Grand Duchy. It currently operates in retail, private and corporate banking, as well as on the financial markets and is present in the financial centres of Luxembourg, Switzerland (since 1984), Denmark (since 2000), the Middle East (since 2005) and Sweden (since 2016).