Updated
Updated · Hubbis · Aug 9
RBC Appoints Kamran Azim Asia Wealth Head and Singapore CEO Effective Nov. 1
Updated
Updated · Hubbis · Aug 9

RBC Appoints Kamran Azim Asia Wealth Head and Singapore CEO Effective Nov. 1

1 articles · Updated · Hubbis · Aug 9

Summary

  • Kamran Azim will take over on Nov. 1 as head of Wealth Management Asia and CEO of RBC’s Singapore branch, adding two senior regional roles at the Canadian bank.
  • Rod Ireland is stepping down after more than 25 years at RBC and will retire on Dec. 31, prompting the leadership transition.
  • Azim joined RBC in 2008 and previously served as head of private banking in Singapore and chief operating officer of Wealth Management Asia.
  • RBC said he has led strategic growth and operational changes across the region, where the bank says it is the only Canadian lender offering a full suite of wealth management services in Asia.

Insights

As RBC targets the lucrative NRI segment, will Azim's operational overhaul spark a massive wealth migration across Asia?
Can RBC's unique Canadian heritage truly outshine entrenched Swiss and Asian banking giants in the fierce battle for high-net-worth clients?