As chief risk officer, Mr. Hughes oversees the strategic management of risk on an enterprise-wide basis. He is a member of Group Executive, which sets the overall strategic direction of RBC, and is also a member of the RBC Group Operating Committee.
Mr. Hughes joined RBC in 1981 and was appointed chief risk officer in 2014. Prior to this position, Mr. Hughes was executive vice-president and chief operating officer for RBC Capital Markets.
Since 1981, Mr. Hughes has held progressively senior roles at the bank primarily in Corporate Banking and Global Credit and has held a number of positions in RBC's international offices including New York and London. Appointed as an executive officer of RBC in 1995, Mr. Hughes was responsible for RBC's global loan portfolio over the past decade.
Mr. Hughes received his MBA (Finance) from Manchester Business School and his LL.B from Leeds University in England. He is a member of the ParticipACTION Board of Directors, and has served as a director of a number of RBC subsidiaries as well as industry associations. Mr. Hughes and his wife, Anne, have two children.