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People moves news

RBC Dexia appoints Thompson as CFO


09 August 2010 London
Reporter: Justin Lawson

Generic business image for news article
Image: Shutterstock
RBC Dexia Investor Services has appointed John W. Thompson to the post of Chief Financial Officer (CFO), subject to regulatory approval. Based in Toronto and reporting to CEO Jose Placido, he is scheduled to join today, August 9, 2010.

Thompson comes to RBC Dexia from The CUMIS Group, a Canadian insurance company serving credit unions and their members, where he held the positions of CFO and Chief Administrative Officer (CAO).

Prior to this, Thompson held senior roles with leading Canadian-based global financial institution CIBC, where he led the financial management and transformation of a number of major business units in the US and Asia Pacific regions. He was also responsible for the performance measurement and business operations of CIBC's largest customer-facing business unit, Retail Markets.

Jose Placido, CEO of RBC Dexia commented: "We are delighted to welcome John to the company. As we build on the strengths of our Finance team and continue to grow our business, he brings a proven track record of excellent financial management at global enterprises. We welcome John's international perspective and deep experience with diversified financial institutions."

Thompson will replace Kevin Powers, the present CFO, who remains with the company for a transitional period until November 30, 2010.
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