RBC has a three pronged approach to India: to provide capital markets products and services including global debt funding to Indian banks and corporations; to provide wealth management services for high net worth individuals; and to provide wealth management services for high net worth individuals.
Akhauri Sinha, country head of RBC India, will lead RBC’s overall operations in India, while Dipendarra Singh will lead RBC’s wealth management business with a focus on high net worth individuals, and Vikas Jambotkar will focus on providing RBC services to Indian financial institutions, as well as capital markets services to corporations.
Gordon Nixon, president and CEO of RBC, said: The strong growth of the Indian economy presents huge opportunities. RBC is committed to expanding outside North America into areas where we can show competitive strength and India is a natural choice for our strategy in Asia.
