RBC Investor & Treasury Services announces senior industry hire to head UK coverage team

London, November 20, 2017 – RBC Investor & Treasury Services (I&TS), part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Pat Sanderson as Head of Global Client Coverage in the UK.

Sanderson joins RBC from J.P. Morgan where he was responsible for investor services sales and strategy for insurance clients. Prior to this, Sanderson held sales and product roles with Citi and Deutsche Bank. Before his roles in financial services, Pat had a successful sporting career, captaining the England rugby union team and playing for a host of Premiership teams.

Reporting to Richard Street, Head of Global Client Coverage for Europe, Middle East and U.S., Sanderson will head RBC I&TS’ client coverage team in the UK, responsible for leading client relationships and growing market share in line with its specialist strategy.

“Pat’s knowledge of the industry and approach to client solutions aligns with RBC I&TS’ focus on placing the client at the centre of our business,” Street said. “Furthermore, his leadership skills will be of significant benefit as we continue to invest in our products and technology, and grow our UK business.”

RBC Investor & Treasury Services has announced a number of senior hires in recent months to enhance the client experience including the appointment of David Brown and Hong Paterson to head client coverage activities in Australia and Singapore, Geert Pick and Aneet Shah within its product management group and Wendy Phillis to head governance and regulatory solutions in Europe and Asia-Pacific.

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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 17 countries across North America, Europe, Asia and Australia, delivering services to safeguard client assets and maximize liquidity. As a strong, stable partner, focused on meeting our clients' evolving needs, RBC I&TS has an unwavering commitment to managing operational risk in our business and the highest credit ratings among our peers. Rated by our clients as the #1 global custodian for seven consecutive years, RBC I&TS is trusted with CAD 4.2 trillion in client assets under administration as at July 31, 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 approximately 81,000 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 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 7653 4109
ben.adams@rbc.com