RBC Wealth Management has appointed Michael Kay to head up RBC's department for international ultra high net worth (UHNW) client credit solutions.
In a newly-created client-facing role, Kay will be responsible for originating and tailoring credit solutions for clients who qualify for this service. Based in Toronto, it is expected that Kay will team up with RBC Wealth Management's credit teams around the world, developing bespoke lending solutions for UHNW clients, strengthening existing relationships and securing new UHNW credit mandates. Commenting on the appointment, Michael Lagopoulos, Deputy Chairman, RBC Wealth Management, said: "This new leadership role recognises the importance of ultra high net worth clients to RBC Wealth M...
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