RBC has appointed Rishi Kapur as chief financial officer of its wealth management segment, effective December 2025.
Kapur joins RBC from Manulife, where he served as CFO of Global Wealth and Asset Management. In that role, he oversaw financial accounting, management reporting, planning, forecasting, and analysis, according to his LinkedIn profile. He also led internal controls for Manulife’s global wealth and asset management business, managed financial due diligence and transaction structuring for acquisitions, and maintained key relationships with business leaders, functional heads, external auditors, and regulators.
Kapur’s career at Manulife is extensive. He joined the firm in 2013 as senior vice president and head of financial risk, where he helped implement a global framework for market, liquidity, and quantitative credit risk, as well as economic capital and earnings volatility. In 2018, he became CFO of Manulife Japan before returning to Toronto as the firm’s head of global funding, head of finance for the general account, and treasurer.
Before joining Manulife, Kapur spent three years as global head of traded market risk at Lloyds Banking Group in the U.K., and eight years as a managing partner at Swiss Re. At Swiss Re, he was responsible for designing and implementing the financial market risk framework for the firm’s asset management and insurance businesses, while also originating and structuring capital markets solutions to address clients’ capital and asset-liability management needs.
Earlier in his career, Kapur held senior roles at Oak Hill Platinum Partners, Reinsurance Group of America, and CIBC Capital Markets.
