The newly created role gives Houghton responsibility for leading a consolidated business development function across the Channel Islands, UK and Caribbean, representing RBC Wealth Management’s full range of products and solutions.
He will also lead the coordination of RBC Wealth Management’s distribution strategies across its key target markets.
Based in Jersey, Mr Houghton will join the British Isles and Caribbean operating committee and report to Stuart Rutledge, CEO, RBC Wealth Management for British Isles and Caribbean.
Rutledge said Houghton will “foster our jurisdiction-neutral approach to business development.”
Houghton has worked for RBC since 1999, most recently as head of private client wealth management offshore, heading up the distribution teams in Jersey and Dubai and the banking platform in the British Isles.