RBC’s insurance head to depart two years into group executive role
RBC is undergoing leadership changes in its insurance division following the departure of Jennifer Publicover. She has led RBC Insurance since 2023 and will leave the bank effective June 1. Maria Winslow will serve as the interim CEO of the insurance division as RBC prepares to report its second-quarter earnings.
- ▪Jennifer Publicover is leaving her role as head of RBC Insurance effective June 1.
- ▪Maria Winslow will take over as interim CEO of the insurance division.
- ▪Neil McLaughlin has expanded his executive oversight to include wealth management and insurance.
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Open this photo in gallery:RBC is set to report second-quarter earnings on Thursday.Maria Collins/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountRoyal Bank of Canada RY-T is restructuring the leadership of its insurance arm, changes driven by the departure of the division’s head.Jennifer Publicover, who runs RBC Insurance, is leaving the bank effective June 1, RBC confirmed to The Globe and Mail. She has led the division since 2023 and was named a group executive in July, 2024, reporting directly to chief executive officer Dave McKay. Ms. Publicover’s appointment to the group executive team landed at a significant moment for RBC’s succession planning, with the announcement made at the 10-year mark of Mr. McKay’s tenure.
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