NASSAU - RBC Financial (Caribbean) Limited, (“RBC”), has appointed Chris Duggan, a native of the Cayman Islands, as Senior Vice President and Head of RBC Caribbean Banking, effective April 1, 2024. He replaces Chris Ronald, who led the bank's operations in the Caribbean for the past 2.5 years and recently returned to Canada as the Regional President of the Atlantic Regions at RBC.
Based in Nassau, Bahamas, Duggan will assume the responsibilities as Head of RBC Caribbean Banking to steer the bank's strategic direction and oversee the business strategy and overall vision across the entire Caribbean region. He has a career spanning more than two decades in the financial industry, both in the United States and the Caribbean.
Most recently, he served as the Cayman Islands Government Representative in North America, based in Washington DC, focusing primarily on financial services. Before his tenure with the Cayman Islands Government, he held senior executive positions at DART Family Office and Butterfield Bank.
Erica Nielsen, Executive Vice President of Personal Financing Products at RBC, said: "We are delighted to welcome Chris to RBC. Born and raised in the Caribbean, Chris has a deep understanding of the regional financial landscape and a passion for representing the culture. He is highly motivated, results-focused, and passionate about building trusted relationships with clients, communities, and employees. His appointment underscores our continued commitment to the region. I am confident that under Chris's leadership, Caribbean Banking will continue to grow and serve our clients and communities."
As an active member of the communities where he lives and works, he has held leadership positions on the boards of many benefit organizations over the years. Duggan was awarded the Queen's Certificate and Badge of Honour in recognition of his outstanding service to the Cayman Islands community during the COVID-19 pandemic.