The global co-head RBC Capital Markets’ equity advisory unit is departing, prompting the Canadian bank to shake-up leadership of the unit in London.

Darrell Uden, who co-leads RBC’s equity capital markets globally and heads the unit in Europe, is set to depart the bank after seven years, according to people familiar with the matter. He is set to retire from investment banking after a career that stretches 35 years, and will leave the bank at the end of this month.