Peoples Group Appoints David Raju as Interim President & Chief Executive Officer

TORONTO – January 21, 2026: Peoples Group has appointed David Raju as Interim President and CEO effective January 19, 2026.

“We are pleased to have David in this role to lead the organization though our next phase of strategic growth as we sharpen our focus on operational excellence, innovation and long-term partnership success,” said David Ghermezian, Chair of Peoples Group.

David Raju brings over 28 years of experience in the financial services sector, having served in senior leadership positions in Canada and the US. While focused on digital banking and payments, his experience spans strategic planning, transformational operations, technologies, governance, risk and compliance. David joined Peoples in 2023 and served as the Chief Operations and Technology Officer until this recent appointment.

“As Peoples Group continues to grow and invest in reliable, innovative financial solutions that deliver for Canadians and our clients, I look forward to working with the Board and my colleagues in this leadership role,” said David Raju. “Our focus remains on delivering meaningful products and services with discipline, speed and excellence.”

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ABOUT PEOPLES GROUP

Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. We are the force making change happen, proudly working alongside challenger banks, fintechs, brokers and merchants while fostering a more dynamic and competitive financial ecosystem. We are a made-in-Canada financial institution – under the Peoples Group banner, Peoples Bank of Canada and Peoples Trust Company operate as separate, regulated entities – with a collective commitment to innovation. Our exceptional service across Deposits, Lending and Payments empowers our clients to bring unique visions to life that benefit more Canadians. 

For more information, please visit www.peoplesgroup.com