TORONTO, Jan. 21, 2020 /CNW/ - The Canadian Bankers Association (CBA) is pleased to announce that Neil McLaughlin has been appointed Chair of the CBA's Executive Council, effective immediately, for a two-year term ending in 2022.

Mr. McLaughlin is Group Head, Personal & Commercial Banking, RBC. As a member of the senior executive team, he is responsible for RBC's banking businesses in Canada and the Caribbean, including personal and commercial financial services, credit cards and payments, digital solutions, as well as RBC's sales and branch distribution, operations and advice centres.

"Technology advancements, shifting client expectations and an evolving competitive landscape are redefining the way Canadians bank," said Mr. McLaughlin. "I'm committed to helping to navigate this time of change with my colleagues on the CBA Executive Council to ensure that the Canadian banking sector continues to be a world leader in service, innovation and security."

Mr. McLaughlin succeeds Teri Currie, Group Head, Canadian Personal Banking, TD Bank Group, who served as Chair for the past two years and will remain a member of the Executive Council.

"Teri's leadership was invaluable to the work of the Executive Council and we commend the important contributions she has made during her time as Chair," said Neil Parmenter, President and CEO, CBA. "The CBA and its members will benefit immensely from Neil's wealth of insight and expertise as we continue to move forward with our ambitious agenda to shape the future of banking for the benefit of all Canadians."

About the Canadian Bankers Association
The Canadian Bankers Association is the voice of more than 60 domestic and foreign banks that help drive Canada's economic growth and prosperity. The CBA advocates for public policies that contribute to a sound, thriving banking system to ensure Canadians can succeed in their financial goals. www.cba.ca.

Follow the CBA on Twitter: @CdnBankers
Watch videos: Youtube.com/CdnBankers 
Follow the CBA on LinkedIn

SOURCE Canadian Bankers Association

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2020/21/c7727.html