RBC appoints former Ontario minister Caroline Mulroney as vice chair

Royal Bank of Canada

19/08/2026 15:52

    TORONTO, Aug 19 (Reuters) - Royal Bank of Canada  RY.TO 
said on Wednesday it had appointed former Ontario minister
Caroline Mulroney as vice chair, effective September 14. 
    Mulroney, who will report to Capital Markets CEO Derek
Neldner, is the daughter of former Prime Minister of Canada
Brian Mulroney. 
    * Mulroney will be responsible for building client
relationships to grow RBC's activities across business segments
and regions,  Neldner said in a memo. 
    * She will connect clients with RBC's units across capital
markets, commercial banking and wealth management, and advise
the bank on the implications of evolving government policy,
regulatory issues and public-sector developments.
    * Mulroney was an elected member of the Ontario Legislature
from 2018 to 2026 and served as minister of transportation,
minister of francophone affairs and attorney general. 
    * Her brother Mark Mulroney serves as the global vice chair
and head of the office of the CEO at CIBC  CM.TO . 


 (Reporting by Nivedita Balu in Toronto; Editing by David
Holmes)
 ((Nivedita.Balu@thomsonreuters.com ; +1-343-401-6776))