RBC’s Taylor to Be First Female Chairman of Canadian Bank
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Royal Bank of Canada said Kathleen Taylor will take over as chairman in 2014, making her the first woman to lead the board of one of the nation’s biggest lenders.
David O’Brien, 71, will retire at the end of the year and remain on the board until the company’s annual general meeting on Feb. 26, Toronto-based RBC, Canada’s largest bank, said yesterday in a statement.