RBC Global Asset Management (RBC GAM) has appointed of John C Donohue as managing director and head of liquidity management.

Donohue will be responsible for business, sales and product development opportunities related to institutional cash management strategies.

“Money market reform is causing many investors to rethink their approach to cash management and we are pleased to have Donohue help our clients navigate through these changes,” said Matthew Appelstein, head of US sales and distribution, RBC GAM. 

Donohue brings 22 years of experience in building and managing successful institutional cash management businesses, and has held leadership roles in both portfolio management and distribution.

Before joining RBC GAM earlier this month, Donohue led cash management operations for Eaton Vance, Dwight Asset Management and Lehman Brothers Asset Management-Neuberger Berman. He will be based in RBC GAM’s Boston office and will report to Mike Refojo, head of sales for RBC GAM in the US.