07:52:40 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Royal Bank of Canada
Symbol RY
Shares Issued 1,485,282,543
Close 2016-10-21 C$ 84.50
Market Cap C$ 125,506,374,884
Recent Sedar Documents

Globe says Fukakusa to exit as RBC's "rock"

2016-10-24 08:30 ET - In the News

The Globe and Mail reports in its Saturday edition that Janice Fukakusa is retiring as chief financial officer from Royal Bank of Canada, a position she has held since 2004. The Globe's Tim Kiladze writes adoringly about the woman who has endured all the financial crisis battle wounds and still come out on top. Her energy and smarts have also commanded deference, Mr. Kiladze writes. Former chief executive officer Gord Nixon, who appointed her CFO, used to refer to Ms. Fukakusa as "a rock." On Friday, the flattery continued unchecked. "A CEO needs someone they can trust and rely on for straightforward advice and to get tough jobs done. For me, Janice was that person," Mr. Nixon told The Globe, adding that she had an incredible grasp of the complexities in financial services. Taking her place is Rod Bolger, currently an executive vice-president in the finance department. An American, Mr. Bolger joined RBC in 2011. He previously worked at PricewaterhouseCoopers. Throughout her career she took on more senior roles, including chief internal auditor and senior vice-president of multinational banking. Ms. Fukakusa was long known for her hustle, which included showing up at the office by 6:30 most mornings.

© 2024 Canjex Publishing Ltd. All rights reserved.