Corporate governance

Ownership and corporate governance


Royal Bank of Canada

BlueBay is a wholly-owned subsidiary of Royal Bank of Canada (“RBC”), one of the largest banks in the world based on market capitalisation and one of North America’s leading diversified financial services companies. RBC carries out its activities in five business segments; Personal and Commercial Banking; Wealth Management; Insurance; Investor and Treasury Services; and Capital Markets. BlueBay forms part of RBC Global Asset Management, a Group included in RBC’s Wealth Management business segment.

As a member of the RBC Group, BlueBay is subject to additional oversight on Corporate Governance matters via RBC’s Subsidiary Governance Office.


The Board

The Board is responsible for reviewing the adequacy and effectiveness of the internal controls; the risk management processes and the legal, regulatory and compliance functions. It meets on a quarterly basis; agrees BlueBay Group's strategic direction; and approves the Group Annual Budget and multi-year Financial Plan. Regular financial information is provided to the Board in addition to the Board Packs, in the form of a monthly Management Accounting Pack.

The Board has established two Group Committees to oversee certain aspects of BlueBay’s business activities; the Remuneration Committee and the Management Committee.

RBC GAM (UK) Limited Board

  • Jim Pettigrew - Independent Non-Executive Director
  • Maria Bentley - Independent Non-Executive Director 
  • Damon Williams - Chief Executive Officer RBC GAM, Non-Executive Director 
  • Dan Chornous - Chief Investment Officer RBC GAM, Non-Executive Director
  • Dave Thomas - Chief Executive Officer Europe, Capital Markets and Wealth Management RBC, Non-Executive Director
  • Malena Ljungkvist - Chief Risk Office Europe RBC, Non-Executive Director
  • Erich Gerth - Chief Executive Officer, RBC BlueBay Asset Management, Executive Director
  • Mark Dowding - BlueBay Chief Investment Officer, Executive Director

 

Leadership team

  • Erich Gerth - Chief Executive Officer, RBC BlueBay Asset Management
  • Mark Dowding, Chief Investment Officer, BlueBay
  • Paul Bromley, Chief Operating Officer, RBC BlueBay Asset Management
  • James Brace, General Counsel, RBC BlueBay Asset Management
  • Chris Wiksyk, Chief of Staff, RBC BlueBay Asset Management
  • Jayne Fieldhouse, Head of Global Institutional Marketing, RBC Global Asset Management
  • Michael Timotheou, Chief Compliance Officer, RBC BlueBay Asset Management
  • Craig Tennier, Chief Financial Officer, RBC Global Asset Management
  • Anthony Pickering, Head of Business Development, RBC BlueBay Asset Management
  • Ken Yoshida, Head of Japan Asia Pacific, RBC BlueBay Asset Management
  • Andrew Stormer, Head of HR RBC Wealth Management, Europe
  • Jean-Philippe Blua, Chief Risk Officer, RBC BlueBay Asset Management
  • Gianni Mangini, Head of Product, RBC BlueBay Asset Management
  • Polina Kurdyavko, Head of BlueBay Emerging Markets, RBC BlueBay Asset Management
  • Heidi Gunkel, Head of Client Experience, RBC BlueBay Asset Management
  • Gerard Hutchings, Head of Business Development Strategy, RBC BlueBay Asset Management
  • Habib Subjally, Head of Global Equities, RBC BlueBay Asset Management
  • Laurence Bensafi, Head of Emerging Market Value Equities, RBC BlueBay Asset Management​

 

Policies and disclosures


Remuneration policy


Regulatory disclosures

 

BlueBay Asset Management LLP (‘BBAM’) is a signatory to the standards set out by the Standards Board for Alternative Investments (SBAI). To conform to the Standards, BBAM is required to make a disclosure statement available to investors, which sets out those Standards with which BBAM does not fully comply, and an explanatory statement detailing why it does not comply. This document is the statement which fulfils both requirements. Download full document: SBAI Disclosure Statement 2022

 

Investment ESG

BlueBay incorporates ESG factors into its investment activities. We believe ESG factors can potentially have a material impact on an issuer’s long-term financial performance. Click here to find out more about our approach to ESG.