Foley gets new role at RBC Investor Services 23 October 2012London Reporter: Mark Dugdale
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Bill Foley has become the director of portfolio solutions for the UK and Middle East within the market products and services team at RBC Investor Services.
The former director of securities lending sales will be based in London and will report to Simon Hirtenstein, head of portfolio solutions at RBC Investor Services, who joined the firm in June and previously worked at HSBC Securities Services and SIAM Consulting.
In his new role, Foley will work with client relationship directors and account teams to better understand new and existing clients' needs when it comes to market product services, including FX, cash management, securities lending and investment finance.
He will be responsible for defining and providing the appropriate products and services to support them. Catering for sovereign wealth funds will be a key part of Foley’s responsibilities.
Foley joined RBC Dexia Investor Services in 2010 from J.P. Morgan in London, where he was senior sales executive for agency securities lending. Prior to this, he was global head of securities finance in Deutsche Bank’s domestic custody division, having previously worked at ABN Amro as a senior sales trader, where he was responsible for the equity finance trading desk.
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