This is a brand new position for the company, and offers Kay a role in which he will design and structure tailored credit solutions for RBC WM’s international ultra high net worth (UHNW) client base. He will work with RBC WM’s credit teams around the world as part of an ongoing strategy to focus on UHNW clients.
He will report to Michael Lagopoulos, deputy chairman of RBC WM, who is responsible for the co-ordination and servicing of leading UHNW families and institutional clients.
Kay was formerly head of credit products for RBC WM Global Trust and UK businesses and will relocate to Toronto to begin his new role in August 2012.
