No. 21: Janice Fukakusa, Royal Bank of Canada

Janice Fukakusa
Chief Administrative Officer and Chief Financial Officer, Royal Bank of Canada

Royal Bank of Canada has ranked among the best-performing banking companies in North America over the last couple of years and ex-CEO Gord Nixon says that Janice Fukakusa, its chief financial officer and chief administrative officer, deserves much of the credit for its recent success. Her skillful integration last year of two major acquisitions was a big reason why RBC posted record profits in 2013 and a company-wide efficiency management project she spearheaded is driving cost savings. "Janice is an outstanding leader and she's been instrumental in developing, enabling and executing our strategy," says Nixon, who retired in August. "Beyond excelling at traditional finance, she's a strong strategic partner with a keen business mind and a forward-looking view." Fukakusa has many fans outside of RBC as well. Earlier this year, she was named Canada's CFO of the year as voted by her peers in the business community.

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