International Finance
Banking Featured

RBC joins WealthiHer Network to empower women in financial industry

RBC WealthiHer
WealthiHer Network is a collaboration of leading banks with a focus to drive women empowerment in financial industry

RBC Wealth Management has joined other founding members to become a part of WealthiHer Network. The move is in an effort to support and empower women in the financial industry, media reports said.

RBC Wealth Management is an arm of Royal Bank of Canada (RBC). The WealthiHer Network is an organisation founded with a focus to transform the approach toward women employees and clients in the financial industry. In essence, it is a collaboration of leading banks with a common goal to drive women empowerment worldwide. Women account for 40 percent of global wealth, observed the. World Bank’s Labour Force Gender Ratio report.

It is reported that 84 percent of women in RBC have significant responsibility in overseeing the family investment portfolio. In fact, the wealth management giant has ranked high on the JD Power 2020 US-Full Service Investor Satisfaction Study. It scored 873 followed by Fidelity at 865 and Edward Jones at 860.

Annabel Bosman, MD, head of relationship management, RBC Wealth Management, told the media, “Diversity and inclusion are key core RBC values that guide, unite and inspire us, and reflect the range of clients and communities that we serve. Joining the WealthiHer Network is a great opportunity for RBC to be at the forefront of celebrating, inspiring and empowering our female clients. As an industry we’re starting to make real progress in this area but recognise that there is still a long way to go. We’re excited that, together with the WealthiHer Network, we can help to make a real and lasting impact.”

Previously, RBC Wealth Management has worked with partners to further enhance the financial industry.

What's New

Business Leader of the Week: Meet Doug McMillon, CEO of Walmart

IFM Correspondent

Egypt’s inflation continues to increase

IFM Correspondent

IF Insights: Making sense out of latest ‘Gold Rush’

IFM Correspondent

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.