Add another top financial services provider to the Camana Bay directory.
RBC Dominion Securities and RBC Private Banking, both part of RBC Wealth Management, opened new offices on Forum Lane last month.
RBC Dominion Securities Managing Director Andrew McCartney said the move reinforces the company’s commitment to the Cayman Islands.
“Camana Bay is uniquely positioned as the preeminent home for high-net-worth businesses and we are excited about what the future holds, both for RBC, and the wider Camana Bay community,” he said.
The new office brought with it approximately 30 employees. As part of the move, RBC will soon operate a 24/7 Automated Teller Machine for its commercial bank clients on Forum Lane, in the ground floor entry lobby to its offices.
McCartney said that the new location will prove to be more convenient to its business partners and clients.
“Now we can be even closer to the service providers with whom we work to help deliver the world-class service our clients have come to expect,” he said. “In fact, many of our family office clients now happen to be our neighbours at Camana Bay.”
By co-locating Dominion Securities and Private Banking, McCartney said RBC has created a one-stop shop to serve their client’s wealth management needs.
Dart Senior Manager, Business Development Jennifer Ebanks said Camana Bay has become a thriving financial hub with more than 120 businesses having a location in the Town Centre and more than 2,500 people working there daily.
“We’re excited to see our community of financial services tenants grow with the addition of RBC,” she said. “RBC represents the type of premier financial services firms choosing to operate here in Camana Bay.”
This article was originally published in February’s print edition of Camana Bay Times.