RBC Investor & Treasury Services appoints industry figurehead to further enhance regulatory expertise in Europe and Asia-Pacific

London, August 7 2017 – RBC Investor & Treasury Services, part of Royal Bank of Canada (RY on TSX and NYSE), today announced that it has appointed Wendy Phillis as Managing Director, Governance & Regulatory Solutions, Europe and Asia-Pacific.

Phillis joins RBC from ICAP where she was Group Chief Risk and Compliance Officer, responsible for establishing the firm’s global risk management strategy and operating model, as well as leading the global teams within these functions. Prior to this, Wendy spent over 16 years with State Street where she held a number of senior roles focused on risk and compliance, before later becoming Chief Operating Officer, State Street Global Markets EMEA.

“Wendy’s experience and deep industry knowledge will be of significant value as we navigate and manage the evolving regulatory landscape,” said Andrea Horton, Global Head of Governance & Regulatory Solutions, RBC Investor & Treasury Services. “Wendy’s expertise will also be of critical importance in ensuring our services continue to support our clients’ needs against the backdrop of regulatory change.”

The Governance & Regulatory Solutions group assists RBC Investor & Treasury Services and its clients in managing risk, meeting regulatory obligations and providing service offerings that meet their strategic objectives.

-end-

About RBC Investor & Treasury Services
RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide. We serve clients from 19 countries across North America, Europe, Asia and Australia, delivering services to safeguard client assets and maximize liquidity. Rated by our clients as the #1 global custodian for six consecutive years (Global Custody Survey, Global Investor ISF, 2011 to 2016), RBC I&TS is trusted with over CAD 4 trillion in client assets under administration as at April 30, 2017 .

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 35 other countries. For more information, please visit http://www.rbc.com/.‎

RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments and employee volunteer activities. For more information please see: http://www.rbc.com/community-sustainability/.

For more information, please contact:
Ben Adams
+44 (0) 20 7563 4109
ben.adams@rbc.com