RBC Dexia Appoints New Managing Director for Luxembourg

LONDON, Jan. 14 /CNW/ - RBC Dexia Investor Services has appointed Sébastien Danloy as Managing Director for Luxembourg. This appointment will be effective on 2 May, 2011 and is subject to regulatory approval.

As a leading fund distribution centre, Luxembourg is central to RBC Dexia's success in Europe. In his role as Managing Director, Luxembourg, Mr. Danloy will be responsible for building the business by focusing on market strategy, strategic client management and effective engagement with local industry, government and regulatory bodies. Mr. Danloy will report functionally to Tony Johnson, Global Head, Sales & Distribution.

"Our Luxembourg operations are central to the promotion of our onshore/offshore strategy, which is designed to help clients expand globally, as well as servicing them in their home markets" said José Placido, CEO of RBC Dexia Investor Services. "We look forward to Sébastien capitalising on his long list of accomplishments and experience to achieve RBC Dexia's goal of maximising growth across our European footprint."

Prior to joining RBC Dexia, Mr. Danloy served as Global Head of Sales & Relationship Management for Société Générale Securities Services. In this role, he was responsible for managing sales & relationship management activity across all countries and business lines and for defining and implementing the sales strategy. He also previously served as Global Sales Manager UK and Head of Business Development, Middle East for BNP Paribas Securities Services. Mr. Danloy graduated Magna Cum Laude with a Master of Science in Business Engineering from Solvay Business School of Economics & Management, Université Libre de Bruxelles.

"RBC Dexia is Luxembourg's leading fund administrator and transfer agent and is at the forefront of helping clients take advantage of major industry evolutions such as UCITS IV and international fund distribution support," said Mr. Danloy. "I am delighted to be joining the company in Luxembourg, at the heart of its exciting global growth strategy, and will look to further enhance its already impressive client servicing track record."

About RBC Dexia Investor Services

RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,300 professionals in 15 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.

Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.7 trillion in client assets under administration.

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RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.

SOURCE RBC Dexia Investor Services

For further information:

Raphael Mazet, London, +44 (0)20 7653 4329; raphael.mazet@rbcdexia.com
Jason Graham, Toronto, +1 416 955 5800; jason.graham@rbcdexia.com

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RBC Dexia Investor Services

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