Peoples Group Appoints David Raju as President & Chief Executive Officer

Permanent appointment reflects strong leadership, results during interim mandate 

TORONTO – April 15, 2026: Peoples Group has announced the appointment of David Raju as President and CEO, effective April 13, 2026. The Board’s decision follows David’s successful interim tenure marked by strengthened organizational focus and execution.

David was appointed Interim President and CEO in January 2026. Since that time, he has driven significant progress to modernize client infrastructure, enhance the organization’s readiness for next-generation payments innovation and align the organization for strategic growth including recent leadership appointments. 

“Following a comprehensive leadership assessment, the Board is pleased to confirm David’s permanent appointment as President and Chief Executive Officer,” stated the Peoples’ Board of Directors. “He has delivered strong leadership, operational discipline and a clear strategic vision. The Board is confident in David’s ability to guide Peoples Group through its next phase of growth and long-term value creation.”

David brings over 28 years of financial services experience, having held senior leadership roles across Canada and the United States. His background spans digital banking and payments, strategic planning, large-scale operational transformation, technology, governance, risk and compliance. He joined Peoples Group in 2023 and served as the Chief Operations and Technology Officer before assuming the Interim President and Chief Executive Officer role. 

“Peoples Group has clear priorities and a strong operating foundation, positioning it well for sustainable growth,” said David Raju, President & CEO, Peoples Group. “As we continue to scale, our focus remains on strong execution and operational discipline so we can continue to make the complex possible, responsibly and at scale for our clients and partners.” 

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   

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