Royal Bank of Canada Investor Services has hired a director for its client operations business in Australia from local rival Macquarie.

Kevin Hogan will join the Sydney-based management committee and report jointly to Duncan White, head of client operations in Asia-Pacific and David Travers, managing director of Australia.

Hogan joined from Macquarie Investment Management where he recently served as head, fund accounting. Prior to this, Hogan worked for Northern Trust and Deutsche Bank in Ireland.

He will be responsible for managing the client operations business in Australia, including custody, fund administration and shareholder services.

RBC Investor Services has US$2.9 trillion in client assets under administration and is a wholly-owned subsidiary of Royal Bank of Canada.