Mark Richard Hughes — Group Chief Risk Officer at Royal Bank Of Canada

Mr. Mark Richard Hughes has been the Group Chief Risk Officer at Royal Bank of Canada since January 10, 2014. Mr. Hughes served as Secretary of International Association of Credit Portfolio Managers. He served as Deputy Chief Risk Officer of RBC Capital Markets LLC since November 1, 2013 and Chief Operating Officer from November 2008 to November 1, 2013. Mr. Hughes served as Deputy Chief Risk Officer of Royal Bank of Canada from November 1, 2013 to January 10, 2014. He served as Global Chief Operating Officer, Managing Director and Head of Global Credit at RBC Capital Markets Inc. and RBC Capital Markets LLC until November 1, 2013. He joined RBC in 1981. He has held progressively senior roles at RBC primarily in Corporate Banking and Global Credit in Capital Markets and appointed a Vice President of RBC in 1995, responsible for managing RBC's involvement with the public sector across Canada. Previously, he served as Senior Vice President and General Manager of US, responsible for RBC's operations in the United States. He served as Chairman and Chief Executive Officer of RBC Dominion Securities Group USA. He served as a Director of International Association of Credit Portfolio Managers. He served as a Director of RBC Europe Limited until December 12, 2013. Mr. Hughes received his MBA in Finance from Manchester Business School and his LLB from Leeds University in England.