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29 February 2012
London
Reporter Ben Wilkie

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Stillabower joins RBC Dexia

Paul Stillabower has been appointed head of strategy at RBC Dexia to oversee the implementation of the business's growth strategy, adding to the company's Strategy & Corporate Services leadership. Stillabower succeeds Alex Muto, who is appointed to a new role as head of enterprise transformation.

Stillabower joins from HSBC Securities Services, where he was global head, business development, funds services & global custody. Previously he held a number of other senior roles at HSBC and RBC in business building, auditing, risk and operations. In his new role, he will be responsible for leading all strategy-related planning and execution activities around the growth plan for the business, including tailored strategies for specific client segments. He will report to Michael Wilson, global head, strategy & corporate services.

Jose Placido, CEO of RBC Dexia Investor Services commented: "Our strategic growth plans require an increasingly agile response to upcoming opportunities. To that end, we are delighted to have Paul on board, building on the highly-evolved strategy role built by Alex Muto. We are excited by the strategic insight Paul will bring to the organisation and the sharpened focus Alex will provide in new enterprise transformation role."

Muto will continue to lead corporate development for the company in his new role, reporting to Michael Wilson. In addition, he will take on the lead role for enterprise transformation activities, which would include the integration of new acquisitions and any other enterprise transformation programs.

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