David McKay of RBC is part of this year's Wealth Professional Canada's Host List.
RBC
As head of Canada’s largest bank, David McKay has influence that stretches far beyond the corridors of power at RBC. The bank is not just the biggest of the Big Five, it is getting considerably bigger. RBC’s latest earnings results reported net income of $3.02 billion for the first quarter, up $580 million (or 24%) from a year ago. The sale of the US operation of Moneris Solutions Corporation contributed $212 million to that amount, but a 15% increase of $368 million is still pretty impressive. McKay has been a part of RBC since starting his career in 1998 and has overseen the bank, moving from strength to strength, since becoming CEO in 2014.
As head of Canada’s largest bank, David McKay has influence that stretches far beyond the corridors of power at RBC. The bank is not just the biggest of the Big Five, it is getting considerably bigger. RBC’s latest earnings results reported net income of $3.02 billion for the first quarter, up $580 million (or 24%) from a year ago. The sale of the US operation of Moneris Solutions Corporation contributed $212 million to that amount, but a 15% increase of $368 million is still pretty impressive. McKay has been a part of RBC since starting his career in 1998 and has overseen the bank, moving from strength to strength, since becoming CEO in 2014.
