Ken Tam has joined Canadian fund house RBC Global Asset Management as its new Hong Kong-based head of Asia. The previous holder of the position has moved to Europe and will be leaving the company.
The bank appoints Andrew Turczyniak from its corporate and investment banking arm in an internal move as it strives to broaden corporate relationships in the region.
The bank lists snatching market share and building corporate relationships in Asia as priorities for 2011. Meanwhile, RBS Coutts names a new head of NRI and South Asia business based in Dubai.
RBC Wealth Management, the private banking arm of Canada's largest bank, has appointed Matthew Yong president and Frank Mu chief executive officer of its Asian operations.
The London-listed group hires a team from Rothschild to advise vendors on infrastructure deals and arrange project finance.