Rajeev Lakra
Former Chief Enterprise Risk Transformation Officer, US Risk, RBC
Rajeev (Raj) Lakra was Chief Enterprise Risk Transformation Officer, US Risk at RBC through October 2026. In this role, Raj was responsible for developing, leading and implementing new enterprise risk management capabilities across RBC’s US Operations. He and his team oversaw Strategic Risk, Product Risk, Reputation Risk, Culture & Conduct Risk and Environmental, Social & Governance Risk. In addition, Raj oversaw the Capital Management, Resolution Planning, Escalations, and Risk Acceptance programs across the US. In addition, he sat on the boards of RBC Capital Markets LLC, RBC Real Estate Capital Corporation and RBC Community Investments.
Raj joined RBC in June, 2024 and has over 25 years experience in Financial Services and has been instrumental in leading multiple financial institutions’ critical enterprise programs, including regulatory reporting, risk appetite and limits framework. Prior to joining RBC, Raj spent four and a half years as Executive Vice President, Head of Enterprise Risk Programs and Integration at Wells Fargo with oversight of Risk Appetite, Risk Identification, Risk Taxonomy governance and Enterprise Risk initiatives. Before that, Raj was Managing Director, Head of Risk Identification at JPMorgan Chase. In addition, Raj spent 15 years at GE Capital in several roles across the 1st and 2nd lines of defense. His last role at GE Capital was Managing Director, Enterprise Risk where he headed up the Enterprise Risk Management function.
Raj has an MBA from Ross School of Business, University of Michigan, a bachelor’s degree from the University of Michigan and has completed the Advanced Risk Management Program, Wharton Aresty Institute of Executive Education.
Education
- M.B.A., Ross School of Business, University of Michigan
- Bachelor’s Degree, University of Michigan