John Montalbano

John Montalbano is Vice Chairman of RBC Wealth Management.


John Montalbano built his career in asset management, first as an equity analyst and then as an institutional portfolio manager at Phillips, Hager & North Investment Management Ltd. (PH&N). Throughout, he assumed successive leadership roles until his appointment as President in 2005. In 2008, when RBC acquired PH&N, John became CEO of RBC’s newly expanded asset management business, known as RBC Global Asset Management (RBC GAM).

By 2015, when he retired as CEO, the organization had extended its scope to include offices in Canada, the United States, the United Kingdom and Hong Kong, managing in aggregate more than $370 billion worldwide. RBC GAM, with clients in over 40 countries, manages Canadian, global and emerging market equity and fixed income mandates, including absolute return and “quant” strategies.

Now, as Vice Chairman of RBC Wealth Management, John is focused on business development and special projects for the Royal Bank of Canada.

John holds a Chartered Financial Analyst designation and a Bachelor of Commerce, with Honors, from the University of British Columbia (UBC). He is a Leslie Wong Fellow of the UBC Portfolio Management Foundation and also holds and Honorary Doctorate of Letters from Emily Carr University.

In recent years, John has furthered his relationship with UBC and other Canadian universities through active involvement and support. He recently completed a term as Chair of the UBC Board of Governors and remains a strong supporter of the UBC Sauder School of Business, where he and his wife, Dana, established the Montalbano Professorship in Leadership Studies: Gender and Diversity in 2014.

They have also established several fellowships at the University of Victoria in Ocean and Earth Sciences and at UBC in International Relations and Law. As a trustee of the Killam Trusts, in support of graduate studies, he also serves as a member of the Investment Committee for the Canada Council for the Arts.

John is passionate about supporting the arts and sciences, and especially about providing opportunity for youth. In 2015, John has been appointed Chair for the Vancouver Public Library Capital Campaign and has joined the Boards of Junior Achievement British Columbia and St. Paul’s Hospital Foundation.