As President of RBC, Dave McKay has global responsibility for all of RBC's business segments, including Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services and Capital Markets. As a member of Group Executive, he is one of nine executives responsible for setting the overall strategic direction of RBC.
In his previous role as Group Head, Personal & Commercial Banking, 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. Mr. McKay held this role from November 2012 to February 2014, prior to which he served as Group Head of Canadian Banking, Executive Vice President of Personal Financial Services and Senior Vice President of Financing Products respectively.
Since joining RBC in 1988, Mr. McKay has held progressively more senior roles in retail and business banking, group risk management and corporate banking, which included assignments in both Canada and Japan.
In 2012, Mr. McKay was recognized as the global "Retail Banker of the Year" 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 is the Vice Chair, Board of Governors for the University of Waterloo and serves on the Board of Trustees for the Hospital for Sick Children (Sick Kids) in Toronto. 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.