BlackRock's head of iShares Canada departs firm in restructuring [BNN Bloomberg (Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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US:NYSE Investor Relations:
rbc.com/investorrelations/index.html
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Source: BNN Bloomberg
Hayes “expressed her intention to pursue new opportunities outside of the firm,” said the memo, which outlined a series of organizational changes without indicating that she would be replaced. Hayes joined BlackRock in 2021 and was previously a managing director at CIBC Capital Markets, according to her LinkedIn profile. Sarah Butcher will replace Tracey Grant as the head of institutional client business in Canada, and Grant will move to Philadelphia for a new role focused on strategic initiatives, according to the memo. Butcher will report to Marcia Moffat, country head of Canada, and Roque Calleja, head of alternative distribution for Latin America. BlackRock also appointed Steven Leong as head of Canada product and markets, and the firm is hiring someone to lead the wealth and asset manager sales channel for Canada, which is a new position. A representative for BlackRock declined to comment. BlackRock and Royal Bank of Canada have a strategic alliance, RBC iShares, which i
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