Difference between revisions of "David McKay"
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|wikipedia=https://en.wikipedia.org/wiki/David_I._McKay | |wikipedia=https://en.wikipedia.org/wiki/David_I._McKay | ||
| − | |description=President and CEO of the [[Royal Bank of Canada]]. Bilderberger | + | |description=President and CEO of the [[Royal Bank of Canada]] who committed to $100 billion in "sustainable financing". Bilderberger |
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| − | '''David I. "Dave" McKay''' is the President and CEO of the [[Royal Bank of Canada]] (RBC), one of Canada’s largest banks and one of the largest banks in the world by market capitalization.<ref>http://www.rbc.com/aboutus/index.html</ref> | + | '''David I. "Dave" McKay''' is the President and CEO of the [[Royal Bank of Canada]] (RBC), one of Canada’s largest banks and one of the largest banks in the world by market capitalization.<ref>http://www.rbc.com/aboutus/index.html</ref> He attended the [[Bilderberg/2015|2015]] and [[2017 Bilderberg meeting]]s. |
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| + | ==Early life== | ||
| + | McKay was born in [[Montreal]], [[Quebec]], where he grew up. His father was an entrepreneur and small business owner. He holds a [[Bachelor of Mathematics]] degree and an honorary Doctor of Mathematics degree from the [[University of Waterloo]]. He also holds a [[Master of Business Administration]] degree from the [[Ivey Business School|Richard Ivey School of Business]] at the [[University of Western Ontario]]. | ||
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| + | ==Career== | ||
| + | McKay joined RBC in 1983 as a co-op student in computer programming before moving to the organization's retail banking arm. After completing his master's degree in 1992, he returned to RBC, working in progressively senior roles in Canada and [[Japan]] in retail and business banking, group risk management, and corporate banking. | ||
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| + | McKay was Senior Vice President of Financing Products, then Executive Vice President of Personal Financial Services. McKay went on to lead RBC's retail banking portfolio, first as Group Head of Canadian Banking (2008–12) and as Group Head of Personal and Commercial Banking worldwide (2012–14).<ref name="rbc.com">http://www.rbc.com/newsroom/executive-biographies/david-i-mckay.html</ref><ref name="rbc.com1">http://www.rbc.com/investorrelations/pdf/ar_2013_e.pdf</ref> | ||
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| + | McKay was appointed President of RBC on February 26, 2014<ref>http://www.rbc.com/newsroom/news/2013/20131205-gn.htm</ref> and chief executive officer and Director of the Board on August 1, 2014, succeeding [[Gord Nixon]] in these roles.<ref>http://www.rbc.com/newsroom/news/2014/20140801-dm-board.html</ref> | ||
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| + | Shortly after being appointed president and CEO in 2014, he led the acquisition of City National Corporation, creating a platform for growth with institutional, corporate and high net worth clients in the U.S. | ||
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| + | Under his leadership in 2019, the RBC Climate Blueprint committed to $100 billion in sustainable financing by 2025. The following year, RBC became the first Canadian bank to sign a long-term power purchase agreement for renewable energy. | ||
{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
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Latest revision as of 01:58, 1 January 2025
 David McKay    (Banker) | ||||||||||||
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| Born | David I. McKay 1963 Montreal, Quebec, Canada | |||||||||||
| Nationality | Canadian | |||||||||||
| Alma mater | University of Waterloo, Ivey Business School | |||||||||||
| Children | 2 | |||||||||||
| Spouse | Karen McKay | |||||||||||
President and CEO of the Royal Bank of Canada who committed to $100 billion in "sustainable financing". Bilderberger
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David I. "Dave" McKay is the President and CEO of the Royal Bank of Canada (RBC), one of Canada’s largest banks and one of the largest banks in the world by market capitalization.[1] He attended the 2015 and 2017 Bilderberg meetings.
Early life
McKay was born in Montreal, Quebec, where he grew up. His father was an entrepreneur and small business owner. He holds a Bachelor of Mathematics degree and an honorary Doctor of Mathematics degree from the University of Waterloo. He also holds a Master of Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario.
Career
McKay joined RBC in 1983 as a co-op student in computer programming before moving to the organization's retail banking arm. After completing his master's degree in 1992, he returned to RBC, working in progressively senior roles in Canada and Japan in retail and business banking, group risk management, and corporate banking.
McKay was Senior Vice President of Financing Products, then Executive Vice President of Personal Financial Services. McKay went on to lead RBC's retail banking portfolio, first as Group Head of Canadian Banking (2008–12) and as Group Head of Personal and Commercial Banking worldwide (2012–14).[2][3]
McKay was appointed President of RBC on February 26, 2014[4] and chief executive officer and Director of the Board on August 1, 2014, succeeding Gord Nixon in these roles.[5]
Shortly after being appointed president and CEO in 2014, he led the acquisition of City National Corporation, creating a platform for growth with institutional, corporate and high net worth clients in the U.S.
Under his leadership in 2019, the RBC Climate Blueprint committed to $100 billion in sustainable financing by 2025. The following year, RBC became the first Canadian bank to sign a long-term power purchase agreement for renewable energy.
Events Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/2015 | 11 June 2015 | 14 June 2015 | Austria Telfs-Buchen | The 63rd meeting, 128 Bilderbergers met in Austria |
| Bilderberg/2017 | 1 June 2017 | 4 June 2017 | US Virginia Chantilly | The 65th Bilderberg Meeting |
| WEF/Annual Meeting/2016 | 20 January 2016 | 23 January 2016 | World Economic Forum Switzerland | Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values". |
| WEF/Annual Meeting/2017 | 17 January 2017 | 20 January 2017 | World Economic Forum Switzerland | 2950 known participants, including prominently Bill Gates. "Offers a platform for the most effective and engaged leaders to achieve common goals for greater societal leadership." |
| WEF/Annual Meeting/2019 | 22 January 2019 | 25 January 2019 | World Economic Forum Switzerland | "The reality is that we are in a Cold War [against China] that threatens to turn into a hot one." |
| WEF/Annual Meeting/2020 | 21 January 2020 | 24 January 2020 | World Economic Forum Switzerland | This mega-summit of the world's ruling class and their political and media appendages happens every year, but 2020 was special, as the continuous corporate media coverage of COVID-19 started more or less from one day to the next on 20/21 January 2020, coinciding with the start of the meeting. |
