This publication brings latest news on the moves and appointments in the wealth management sector.

Royal Bank of Canada has confirmed it has appointed Michael Kay as its managing director, office of the deputy chair UHNW, taking the helm from Michael Moodie, who retired from the Toronto-listed bank after a 30-year career there.

In this London-based role, Kay works with RBC’s international ultra high net worth clients and prospects and reports to Wayne Bossert, deputy chairman and head of UHNW in Toronto, and has a local reporting line to Tony Johnson, head of sales and relationship management and vice chairman, RBC Wealth Management – International.

Kay, who has worked for 10 years at the bank, has held senior roles there, including head of credit solutions in its international wealth business and most recently, head of credit solutions, UHNW.