Shauneen Bruder, Executive Vice President, Business & Commercial Banking of
RBC Financial Group elected Chair of Canadian Chamber

VICTORIA, Oct. 5 /CNW Telbec/ - Shauneen Bruder, Executive Vice President, Business and Commercial Banking of RBC Financial Group from Toronto , ON, was elected volunteer Chair of the Board of the Canadian Chamber of Commerce for 2009-2010 at its Annual General Meeting in Victoria today (biography attached).

"The Canadian Chamber's greatest strength has always been the power of the chamber network and the ability of 175,000 businesses to speak with one voice," said Shauneen Bruder, Chair of the Board of Directors. "As the most influential business association in Canada , it is the primary and vital link between business and the federal government. We have a demonstrated impact on public policy and decision-making to the benefit of business and for all Canadians."

"Shauneen Bruder is a dynamic and committed executive who brings with her a wealth of experience in both business and the voluntary sector," said Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. "She will be an outstanding Chair for the Canadian Chamber."

Shauneen Bruder is joined on the Canadian Chamber Leadership Team by:

Perrin Beatty, Full-Time President and CEO, Canadian Chamber of Commerce, Ottawa , Ontario.

Elyse Allan , First Vice-Chair; President and CEO of GE Canada , Mississauga, Ontario.

Robert Youden, Second Vice-Chair; Senior Vice President, Canada East, Stantec B, Saint John, NB

David Paterson , Third Vice-Chair; Senior Vice President, Public Affairs of Manulife, Toronto , Ontario.

John Jacobsen , Treasurer; President, Tower Group of Companies, Iqaluit, Nunavut.

Roger Thomas , Immediate Past-Chair of the Board; Calgary , Alberta.

Shauneen Bruder

Chair of the Board of Directors

Canadian Chamber of Commerce

2009-2010

As Executive Vice President of Business and Commercial Banking, Shauneen Bruder leads RBC Financial Group's Canadian business serving small and medium-sized businesses and commercial clients. Business and Commercial Banking offers a wide range of lending, deposit and transaction products and services, including deposit, treasury and cash management solutions, payments, franchising, asset-based lending, leasing, and foreign exchange.

Prior to assuming her current position, Ms. Bruder was the Chief Operating Officer of RBC Investments, the wealth management division of RBC Financial Group.

From 2001 to 2003, Ms. Bruder was President of RBC Centura Banks, Inc., headquartered in Rocky Mount , North Carolina. Joining the RBC Financial Group in 1984, Ms. Bruder has held various positions in commercial banking, account management, risk management, product management, strategic planning and retail sales management.

A member of the Canadian Chamber of Commerce's Board of Directors since June 2006 , Ms. Bruder is also a director of various RBC subsidiaries including Royal Trust Corporation of Canada . In addition, Ms. Bruder serves on the Board of Directors of Moneris Solutions Corporation and Pine River Institute. During her tenure in North Carolina, she served on the Governor's Task Force on Innovation for the State of North Carolina and on the Board of Directors of North Carolina Wesleyan College.

Ms. Bruder has a Bachelor of Arts degree from the University of Guelph (1980) and was Gold Medalist of Queen's University Master of Business Administration class of 1984. Ms. Bruder is a certified director, as a graduate of the Institute of Corporate Directors (ICD.D certification). She is married with three children.

For further information: Katie Anderson, Director, Communications, Cell: [phone], [email protected]