Dave McKay was appointed President of RBC on February 26, 2014 and Chief Executive Officer and Director of the Board on August 1, 2014.
In his previous role as Group Head, Personal Commercial Banking, which he held from November 2012 to February 2014, Mr. McKay was responsible for RBC’s banking businesses in Canada, the United States, and the Caribbean, including personal and commercial financial services, credit cards and payments, as well as RBC’s sales and branch distribution, operations and advice centres.
Prior to this, he served as Group Head of Canadian Banking, Executive Vice President of Personal Financial Services, and Senior Vice President of Financing Products, respectively. Mr. McKay started his career at RBC in 1988, and has held progressively senior roles in Canada and Japan in retail and business banking, group risk management, and corporate banking.
In 2012, Mr. McKay received the “Retail Banker of the Year” Award by Retail Banker International.
Mr. McKay holds an MBA from the Richard Ivey School of Business at University of Western Ontario and a Bachelor of Mathematics from the University of Waterloo. He serves on the Board of Trustees for the Hospital for Sick Children (Sick Kids) in Toronto and is the Chair of the Toronto Region Immigrant Employment Council. He is also a director of The Conference Board of Canada and a member of the Catalyst Canada Advisory Board and the Canadian Council of Chief Executives.
A passionate advocate for helping children to build the confidence to be active and healthy for life, Mr. McKay has also coached children’s basketball and hockey for many years.
The Royal Bank of Canada (RBC; French: Banque Royale du Canada), operating as RBC Financial Group, is the largest financial institution in Canada. The bank serves 18 million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Montreal, Quebec, and its operational head office in Toronto, Ontario. The bank was founded in 1864 in Halifax, Nova Scotia. RBC's Institution Number (or bank number) is 003.