RBC GAM announces leadership transition

RBC Global Asset Management has announced a leadership transition, with Damon Williams and Alex Khein appointed as co-CEOs, reporting to George Lewis, group head, RBC Wealth Management & RBC Insurance. The changes are effective May 1, 2015.

Williams joined PH&N IM in 2005; the company was acquired by RBC in 2008. He has served since 2009 as head of RBC GAM’s institutional business globally and president of PH&N IM.

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Khein joined BlueBay Asset Management in 2004 and was appointed COO in 2005. BlueBay was acquired by RBC in 2010. Khein will remain as partner and CEO of BlueBay, a position he has held since January 1, 2014.

Also effective May 1, 2015, John Montalbano, CEO of RBC GAM, will assume a new role as vice-chairman of RBC Wealth Management. He’ll provide advice and counsel to the co-CEOs of RBC GAM and Lewis, especially with respect to merger and acquisition opportunities for RBC GAM.

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