RBC International Banking, part of
Royal Bank of Canada has announced that Suresh Sookoo, currently chief executive
officer of RBTT Financial Group, has been appointed chief executive officer,
Caribbean Banking.
“Suresh’s deep understanding of our
business and his proven success as a leader make him the ideal person for this
expanded role,” said Jim Westlake, group head, RBC International Banking.
“Suresh will focus on integrating our businesses onto a common platform across
the Caribbean, enhancing the end-to-end and client experience by simplifying
the way we do business and improving the productivity in our banking network.”
RBC acquired RBTT in 2008 and Mr.
Sookoo’s appointment represents the next step in the integration of RBC
Caribbean Banking businesses, the bank said in a statement. RBC has an
expansive banking networks in the Caribbean with a presence in 20 countries and
territories across the region, 129 combined branches and close to 7,000
employees serving more than 1.6 million clients across the region.
As chief executive officer of RBC’s
Caribbean Banking, Mr. Sookoo has Caribbean-wide oversight of retail, business
and corporate banking operations. He has been chief executive officer of RBTT
since 2006.
Mr. Sookoo joined
RBTT in 1974 and has held senior positions in corporate and commercial banking,
risk management and finance. He obtained a Bachelor of Science degree in Management
Studies and an Executive Masters in Business Administration (Distinction) from
the University of the West Indies.
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