Former RBC director joins advice regtech as CEO

A firm specialising in regtech risk management and compliance for financial advice has appointed a former Royal Bank of Canada managing director as its new chief executive.

Fourth Line announced the appointment of David Travers as chief executive, citing his deep knowledge and experience in growing businesses, managing risk, generating strong and lasting relationships with clients, driving strategic change through technology and building high performing teams.

Most recently, Mr Travers was the managing director at Royal Bank of Canada in Australia, and has also worked across financial businesses at State Street, JP Morgan and Morgan Stanley.

Fourth Line chairman Tony McDonald said the board’s decision to appoint Mr Travers followed the drive and influence he had shown consulting to Fourth Line as the business developed and executed on its strategic direction over the last six months.

“He has a clear vision for Fourth Line’s future, a deep understanding of Australia and New Zealand’s financial services industry and our organisation, as well as high regard and confidence from his colleagues and clients,” Mr McDonald said.

“The board is delighted that he has accepted the offer to lead the company as it seeks to take a leadership position in improving the quality of financial advice for all Australians.”

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Former RBC director joins advice regtech as CEO
David Travers
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Adrian Flores

Adrian Flores

Adrian Flores is a features editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.

You can contact him on [email protected].

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