TORONTO, Dec. 2, 2020 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced
that Alice D. Laberge will retire
from the board of directors on January 2,
2021.
"On behalf of the board, I would like to thank Alice for her
significant contributions over the past 15 years," said
Katie Taylor, Chair of the Board,
Royal Bank of Canada. "As one of
our longest serving board members, Alice's deep financial insights,
governance experience and strategic counsel have made a lasting
impact on RBC. Her focus on trust, integrity and transparency
aligned with RBC's culture and helped enable the bank's Purpose-led
approach to helping clients thrive and communities prosper,
enhancing long-term shareholder value."
Ms. Laberge was appointed to the RBC board on October 18, 2005. During her tenure, she served
on all of the board's committees, including as chair of the human
resources committee for more than four years. Her career in
corporate Canada has spanned over
30 years, including serving as President and Chief Executive
Officer of Fincentric Corporation, and Chief Financial Officer and
Senior Vice-president of Finance for MacMillan Bloedel Limited. Ms.
Laberge is a member of the boards of directors of Nutrien Ltd. and
Russel Metals Inc. She is also a director of the BC Cancer
Foundation and the Canadian Public Accountability Board.
Royal Bank of Canada is a
global financial institution with a purpose-driven, principles-led
approach to delivering leading performance. Our success comes from
the 86,000+ employees who leverage their imaginations and insights
to bring our vision, values and strategy to life so we can help our
clients thrive and communities prosper. As Canada's biggest bank, and one of the largest
in the world based on market capitalization, we have a diversified
business model with a focus on innovation and providing exceptional
experiences to our 17 million clients in Canada, the U.S. and 34 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
SOURCE Royal Bank of Canada