People Moves

EXCLUSIVE: Senior Figure Retires From RBC Wealth Management - International

Tom Burroughes Group Editor London 28 September 2017

EXCLUSIVE: Senior Figure Retires From RBC Wealth Management - International

A prominent manager at the Canadian firm's wealth arm is retiring after a career there spanning more than two decades.

This publication can exclusively report that Tony Johnson, who is head of distribution strategy at Royal Bank of Canada’s wealth arm in the British Isles, is retiring from the Canadian firm at the end of this year.

Johnson, who has been interviewed by this news service about the bank’s move to take its wealth business up another gear, has been head of sales and relationship management, at the wealth management business, since early 2015. His career at RBC goes back more than two decades.

His career saw him take two years away from the bank, re-joining in 2003 as global head for sales and distribution. Johnson continued in that role after the 2006 RBC Dexia merger and the 2012 creation of RBC Investor & Treasury Services.

As explained in his interview, Johnson is an evangelist for the firm’s end-to-end sales methodology, known in the firm as the “Masterclass”, an approach designed to improve client acquisition. (For more on his approach, see this interview here.)

It is understood by this publication that RBC Wealth Management will announce new leadership for its sales and relationship management team in due course.

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