The Royal Bank of Canada (RBC) has shuffled some of its senior personnel, with veteran banker Matthew Pass parting ways with the group after a nearly six year term – in addition, Alex Caridia has also moved to RBC’s Toronto branch, the latest outgoing executive in the banking sector in Europe.
Mr. Pass originally joined the Canadian lender in 2010, having worked as the Head of European FIG DCM at RBC Capital Markets. During his time with RBC, he focused on driving the bank’s strategy to developing a full-scale debt advisory platform for its core financial institution client base.
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Prior to joining RBC in 2010, he also worked for nine years at Merrill Lynch in London in its FIG financing group – in this capacity he helped head its UK and Irish insurance coverage teams, executing a wide range of cross border, multi currency transactions including senior debt financing, senior secured financing, cash and synthetic securitization, and hybrid capital raising.
By extension, Alex Caridia, currently a managing director at RBC’s European sovereign, supranational and agency business, will be shifting focus, moving from London to Toronto, stepping into a new role as the Head of Government Finance.
Mr. Caridia joined RBC back in 2004 – in his new role he will report to Rob Brown and Patrick MacDonald, RBC’s respective co-heads of debt capital markets.