RBC names new head of wealth management

RBC has appointed Doug Guzman as group head, wealth management and insurance, effective Nov. 1, 2015.

He’s currently managing director and head of global investment banking, capital markets.

Guzman will succeed George Lewis who will remain at RBC as a senior portfolio manager in the global asset management division.

In addition, Guzman will assume the role of deputy chair of RBC Capital Markets.

He will report to Dave McKay, president and CEO, and will become a member of RBC’s group executive, which is responsible for setting the overall strategic direction of the bank.

For more industry moves and appointment notices, check out People Watch.

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