RBC Investor & Treasury Services (I&TS) has appointed Erik Morgan as managing director and head of global due diligence.
In his new role, Morgan will be based in London and will report jointly to Andrea Horton, global head of governance and regulatory solutions, and Joanna Meager, global head of client operations.
Morgan joins RBC I&TS from J.P. Morgan where he was most recently executive director of wholesale client onboarding, and helped to establish the firm’s quality assurance programme and reengineered the know your client (KYC) due diligence practices and procedures.
Prior to that, Morgan was head of KYC and head of global remediation for Europe, the Middle East and Africa at HSBC.
Morgan has also held similar roles at other investment banks including Barclays, Goldman Sachs and Societe Generale.
Horton said: “Erik Morgan’s wealth of experience in this area will benefit RBC I&TS greatly in our efforts to enhance all client due diligence activities across the business, and develop client-centric solutions.”
