RBC Wealth Management adds Afzal for structured notes

Wasim Afzal has joined RBC Wealth Management as manager to its structured notes and fixed income, advisory team. Afzal will be responsible for developing the structured notes offering for its high net worth (HNW) and ultra HNW clients

Afzal moves from the capital markets team at RBC, and before that was at Lehman Brothers and Deutsche Bank, where he has specialised in structured credit products, structured rates and fund derivatives.

Afzal will report to Phil Cutts, head of advisory at RBC Wealth Management, British Isles, who noted the demand for yield generation remains the driver for business development in the UK.

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