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RBC Adds To Fiduciary Team With Guernsey-Based Role

Tom Burroughes

5 November 2015

has appointed Daniel Bisson to the post of chief of staff, fiduciary services at RBC Wealth Management – International.

Bisson is based in Guernsey and will be responsible for business management and managing projects aimed at transforming the fiduciary services business and delivering its strategy. He reports directly to David Foster, head of fiduciary services.

This fiduciary services business includes RBC’s Channel Islands-based trust and private client fiduciary services business, as well as its tax advisory practice and RBC cees, which provides employee benefit plan services to corporates.

Bisson was previously head of business development execution and delivery at RBC Wealth Management. He has held a number of senior roles managing the needs of international high net worth clients with a focus on wealth structuring, and establishing and managing trusts and other fiduciary structures. He is a member of the Society of Trust and Estate Practitioners.

Among recent comings and goings at RBC, it 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 another move, George King IV, a senior figure working at RBC who dealt in areas such as expat American client business, left the firm to work for MASECO Private Wealth, a UK-headquartered firm which focuses on expat US clients. He joined to become a partner there.