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Sign for the Royal Bank of Canada at 20 King St. West in downtown Toronto on March 12, 2013.
Sign for the Royal Bank of Canada at 20 King St. West in downtown Toronto on March 12, 2013.
(Fred Lum/The Globe and Mail)

RBC adds new asset management head in Asia

RBC Global Asset Management is adding a new leader in Asia to run the group, and help fuel the bank’s expansion plans in the region.

Mayur Nallamala joins as head of Asian Equities. Mr. Nallamala will be based in Hong Kong and will also be a senior portfolio manager. He will be responsible for $1.5-billion (U.S.) in Asian equity assets.