RBC Investor Services (RBC IS) has appointed Claire Johnson as CEO, effective 16 October 2023.
She will report to Doug Guzman, group head of RBC Wealth Management and RBC Insurance.
Johnson will replace current CEO Francis Jackson who has decided to step down after four years in the role.
Both Jackson and Johnson will collaborate closely to ensure a smooth handover as RBC IS renews its focus on the Canadian asset servicing market.
Johnson brings more than three decades of financial experience to RBC IS.
She most recently worked as president of TSX Trust, a position she held for five years.
Before this Johnson worked at CIBC Mellon for 22 years. She served as chief financial officer, and held other senior roles across investment funds management and product management.
She began her career in financial services as an accountant at PwC.
Additionally, Johnson recently served as a board member of the Securities Transfer Association of Canada.
