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Our Approach to Corporate Governance

We believe that good governance is not just about overseeing RBC and its practices, but doing so in a way that’s transparent, independent of management and ethical. It involves the Board of Directors actively engaging with all stakeholders, knowing the business and its risks, challenging management where necessary, understanding the challenges and opportunities of a changing industry and economy, setting robust standards and principles that will guide RBC to success and helping clients thrive and communities prosper – all to ensure we’re constantly enhancing value for our shareholders.

Royal Bank of Canada was constituted in 1869 under a private act of Canada and is governed by the Bank Act (S.C. 1991, C. 46).

The Board exercises its authority in accordance with the Bank Act and other applicable laws and regulations, including those of the Canadian Securities Administrators, the Toronto Stock Exchange, the New York Stock Exchange and the U.S. Securities and Exchange Commission.

Financial Performance

For financial highlights, annual reports, quarterly information and other financial results, see our Investor Relations site.

Directors

Jacynthe Côté

Chair of the Board,

Royal Bank of Canada

(2014) Candiac, Québec

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Mirko Bibic

President and Chief Executive Officer,

BCE Inc. and Bell Canada

(2022) Toronto, Ontario

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Andrew A. Chisholm

Corporate Director,

(2016) Toronto, Ontario

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Toos N. Daruvala

Corporate Director,

(2015) New York, New York

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Cynthia Devine, FCPA, FCA

Corporate Director,

(2020) Toronto, Ontario

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Roberta L. Jamieson, O.C.

Corporate Director,

(2021) Ohsweken, Ontario

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David McKay, O.Ont.

President & Chief Executive Officer,

Royal Bank of Canada

(2014) Toronto, Ontario

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Amanda Norton

Corporate Director,

(2024) Charlotte, North Carolina

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Barry Perry

Corporate Director,

(2023) St. John’s, Newfoundland and Labrador

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Maryann Turcke

Corporate Director,

(2020) Toronto, Ontario

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Thierry Vandal

President,

Axium Infrastructure US Inc.

(2015) Mamaroneck, New York

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Frank Vettese, FCPA, FCBV

Co-Founder,

SummitNorth Advisory Corp.

(2019) Toronto, Ontario

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Jeffery Yabuki

Chairman,

Sportradar AG

(2017) Incline Village, Nevada

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The date appearing after the name of each director indicates the year in which the individual became a director. The term of office of each director will expire at the next Annual Meeting of Common Shareholders.

Audit Committee

  • Frank Vettese - Chair
  • Toos N. Daruvala
  • Cynthia Devine
  • Barry Perry
  • Maryann Turcke
Audit Committee Mandate(PDF)

Governance Committee

  • Maryann Turcke - Chair
  • Mirko Bibic
  • Andrew A. Chisholm
  • Cynthia Devine
  • Roberta L. Jamieson
Governance Committee Mandate(PDF)

Human Resources Committee

  • Thierry Vandal - Chair
  • Toos N. Daruvala
  • Amanda Norton
  • Barry Perry
  • Frank Vettese
  • Jeffery Yabuki
Human Resources Committee Mandate(PDF)

Risk Committee

  • Andrew A. Chisholm - Chair
  • Mirko Bibic
  • Roberta L. Jamieson
  • Amanda Norton
  • Thierry Vandal
  • Jeffery Yabuki
Risk Committee Mandate(PDF)

Committee Chair Mandate

Read the Mandate(PDF)

Additional Information

Contact Us

The Board of Directors believes that communication with shareholders is an important part of the governance process and encourages shareholders to express their views.

Contact the Board