(Bloomberg) — Royal Bank of Canada’s head of industrials and technology investment banking in Australia, Curtis Smith, has resigned from the firm.
The Sydney-based managing director, who was formerly head of mergers and acquisitions for KPMG in Australia, left RBC Capital Markets about two weeks ago, according to a person familiar with the matter, who asked not to be identified as the information is confidential.
A representative for RBC confirmed Smith’s resignation. Rob Mete becomes head of industrials, along with his existing responsibilities as head of financial sponsors and health care, and Layton Bonnici is named head of technology, the representative said.
The departure comes as the Canadian bank is seeking to expand its workforce in Australia. Last week RBC announced it had hired Kara Price as a managing director for its power, utilities and infrastructure investment banking team in the country.
Smith was with Goldman Sachs Group Inc. until 2012 before joining KPMG as a partner, according to his LinkedIn profile. He was an early investor in organic fast food chain Oliver’s Real Food Ltd., according to a report in 2017 ahead of its listing on the Australian Securities Exchange.
(Updates with confirmation of resignation, new heads in third paragraph.)
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