RBC Wealth Management has strenghened its ranks with the appointment of Tim Houghton as head of business development, British Isles and Caribbean.
In this newly-created role, Houghton, will be responsible for developing and leading a consolidated business development function across the Channel Islands, UK and Caribbean.
Based in Jersey, Houghton will join the British Isles and Caribbean Operating Committee.
In his new capacity, he will report to Stuart Rutledge (pictured), CEO, RBC Wealth Management – British Isles and Caribbean, who commented: 'Tim is a widely-respected colleague with proven experience of building and leading teams across multiple locations. He is perfectly placed to take on this important new role fostering our jurisdiction-neutral approach to business development.'
Houghton, who has been at RBC for 15 years, was leading the group's private client wealth management offshore division, heading up the distribution teams in Jersey and Dubai and the banking platform in the British Isles.