Royal Bank of Canada has created a dedicated AI Group reporting directly to CEO Dave McKay, consolidating the bank’s decade-long investments in data platforms, talent and security into a single organization focused on commercializing artificial intelligence.
Led by former technology head Bruce Ross, the team will partner across business units to turn AI use cases into market-ready products. RBC already ranks third globally in the 2025 Evident AI Index and has deployed its ATOM model across 15 products while filing more than 1,200 patents since 2019, over half AI-related. The bank has also partnered with Cohere and MIT’s FinTechAI@CSAIL initiative.
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