Daryl Yeo

Daryl is an accomplished corporate director and retired senior executive with a proven track record of over four decades in the financial services industry.  Daryl’s extensive career with CIBC and RBC covered the spectrums of consumer, business and major corporate client markets, as well as international trade finance and investment banking.  Since his retirement in 2006, Daryl has directed his efforts to independent board member roles, with particular focus on risk management and corporate governance. 

Daryl was instrumental in the creation of the Risk Management Committee of ResMor Trust in 2011, including the development of associated polices through his role as Committee Chair, and was actively involved in the redefinition of its corporate business strategy which resulted in significant growth prior to the sale of the company in 2013.

Daryl sat on the Board of Community Trust Company from 2013 to 2018, and as Chair of the Risk Review Committee sponsored the development and implementation of Enterprise Risk Management framework and policies, and was instrumental in providing oversight of all risk management activities, as well as implementation of OSFI’s Corporate Governance Guidelines.

From 2015 to 2017, Daryl played a key role in the start up of Wealth One Bank of Canada, which commenced business in September 2016 as a Schedule 1 Bank, and included oversight of all governance matters, development and establishment of Enterprise Risk Management framework and financial controls.  Daryl re-joined the WOBC Board in 2018 and currently Chairs the Audit & Risk Committee and is a member of the Conduct Review and Human Resources Committee.

In 2019, Daryl joined the Boards of Currency Exchange International and its wholly owned subsidiary, Exchange Bank of Canada, which provide foreign currency services to financial institutions, corporations and individuals in the United States and in Canada.  EBC commenced operations as a federally regulated Schedule 1 Bank in Canada in 2016.  As an independent Director, Daryl serves as a member of the Audit & Conduct Review Committees and the Risk Committees of both CXI & EBC.

Daryl holds a Bachelor of Commerce degree from the University of Alberta, and has achieved the professional ICD.D director designation from the Institute of Corporate Directors and Rotman School of Management, and is a Fellow of the Institute of Canadian Bankers.