John Montalbano


John Montalbano

Principal, Tower Beach Capital Ltd.

John Montalbano is CEO of RBC Global Asset Management, the asset management division of Royal Bank of Canada, a position he has held since May 1, 2008 when RBC acquired Phillips, Hager & North Investment Management Ltd. (PH&N). RBC Global Asset Management invests over $348 billion for individuals and institutions, primarily from offices in Canada, the United States, the United Kingdom and Hong Kong. John is also a member of the operating committee of RBC Wealth Management, one of the five business segments that define RBC.

John began his career in 1987, when he joined PH&N as an equity analyst and subsequently assumed successive leadership roles within the firm, culminating in his appointment as president in 2005.

John holds a chartered financial analyst designation and a bachelor of commerce, with honours, from the University of British Columbia and he is a Leslie Wong Fellow of the UBC Portfolio Management Foundation. John is chair of the UBC board of governors and supports the UBC Sauder School of Business in a number of capacities, as a member of the advisory board of the Phillips, Hager & North Centre for Financial Research and as a founding advisor to the Sauder Philanthropy Program, an initiative that fosters philanthropy leadership skills among young business students who are committed to community service. Also at Sauder, the Montalbano Professorship in Leadership Studies: Women and Diversity was established by John and his wife Dana in 2014.

In keeping with his commitment to developing talented youth in Canada, John has established several fellowships at the University of Victoria in ocean and earth sciences and at UBC in international relations and law. John is a trustee of the Killam Trusts, an organization largely devoted to supporting scholarships at the graduate and postgraduate levels for top scholars at five Canadian institutions. In this capacity, he serves as a member of the investment committee for the Canada Council for the Arts. In addition, John also serves as a member of the Emily Carr University Campaign Cabinet. John also promotes opportunity for people facing various types of challenges: He is an advisor to the Take a Hike Youth at Risk Foundation (which he helped found) and to the Power to Be Adventure Therapy Society. He has also had a close association over time with the B.C. Down Syndrome Research Foundation and served as its honorary chair in 2012.
John actively supports other community-focused organizations as well. He is a member of the Science World chairman’s council and was formerly co-chair of the Community Arts Council of Vancouver’s Community Arts Fund.