Toos Daruvala Appointed to the Board of Directors of Royal Bank of Canada

TORONTO, Dec. 3, 2014 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) is pleased to announce the appointment of Toos Daruvala to its Board of Directors, effective January 1, 2015.

Mr. Daruvala is a Director and Senior Partner of McKinsey & Company based in New York City.  He currently leads McKinsey's risk management practice in the Americas and from 2005 to 2011, led their banking and securities practice in the region. Since joining McKinsey in 1983, Mr. Daruvala has advised a broad range of financial institutions on matters of corporate strategy, operational performance improvement and organization effectiveness.

Mr. Daruvala serves on the global board of McKinsey and is a member of the Advisory Board of the Ross School of Business at the University of Michigan and the board of the New York Philharmonic.

Mr. Daruvala holds a Master of Business Administration from the University of Michigan and a Bachelor of Technology in Electrical Engineering from the Indian Institute of Technology in Bombay.

About RBC

Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 78,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 38 other countries. For more information, please visit rbc.com.

SOURCE: RBC