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RBC Dexia Appoints New Director in Switzerland

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RBC Dexia Investor Services has appointed Pierre Aicardi as a new Director of Business Development in Switzerland, starting December, 2011. Mr. Aicardi will be responsible for establishing new business relationships with asset managers and financial institutions based in Switzerland. He will report to Marco Siero, Managing Director of RBC Dexia in Switzerland.

“Pierre’s appointment is a further sign of RBC Dexia’s commitment to develop our onshore and offshore service offering with asset managers and financial institutions in Switzerland,” said Siero. “Pierre is joining a strong relationship and sales team in Switzerland and we are looking forward to using his long-term experience in the financial and investor services sector to strengthen our position as the market’s leading third party provider.”

Mr. Aicardi has more than 18 years industry experience, and has spent the last three years at Credit Suisse in senior sales and relationship management positions for financial institutions. Prior to this he spent five years at BBH in Zurich as a relationship manager, after having been employed at ING, Merrill Lynch and Citibank.

RBC Dexia came out on top of the latest R&M Consultants Global Custody Survey and also excelled in a number of other recent awards, being named 2010 European Custodian of the Year by Funds Europe magazine; #1 global custodian overall for the Americas and EMEA in Global Investor’s 2010 Global Custody Survey. Also being named ‘European Transfer Agent of the Year’ and ‘Fund Administrator of the Year: Luxembourg’ at the 2010 ICFA European Awards.

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