RBC Capital Markets has appointed Mitul Patel director, central financial institution gross sales, primarily based in London.
As a part of the position, Patel will cling accountability for distributing international charges product, along taking part intently with international buying and selling groups, inside companions in DCM, syndicate, and gross sales to execute technique and pressure expansion.
As well as, Patel will toughen the execution of RBC’s international distribution technique and protection type for the central financial institution and sovereign wealth fund shopper base.
He’ll report back to Kofi Oteng, Eu head of go with the flow charges gross sales, The TRADE understands.
“Mitul’s appointment and the growth of RBC’s central financial institution protection type demonstrates an ongoing dedication to compelling expansion and larger relevance with global traders in international markets go with the flow product,” stated RBC in a memo.
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Patel brings greater than twenty years’ trade revel in to the position, essentially throughout charges and FX.
He joins from HSBC, the place he maximum not too long ago he held accountability for number one protection on G10 charges for reserve managers and UK actual cash purchasers.
Patel appointment follows Elsa Lignos’ expanded position as international head of central financial institution protection – international markets, along with international head of FX technique and head of Eu institutional FX gross sales and futures, remaining 12 months.
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