Michael J. Lagopoulos began his financial services career with Deloitte in 1979 becoming a Chartered Accountant in 1982. While leading the Financial Planning segment for Deloitte, he realized that the financial institutions would dominate this segment so he joined Royal Trust in 1986.
After a couple of years helping Royal Trust build Financial Planning, he was given a business leadership role and moved to the Caribbean to start the Royal Trust business in Barbados and lead the three other Caribbean offices from 1988 to 1991. In 1991 he moved to Jersey, Channel Islands where he led all of Royal Trust's offshore businesses. When Royal Trust was acquired by Royal Bank of Canada in 1993, he was made a Vice President of RBC.
In 1996, Mr. Lagopoulos was promoted to the role of Senior Vice President, Global Private Banking and moved back to Toronto to manage the 35 offices across Canada and around the world. In 2005, he was promoted to Executive Vice President and moved to London, England the following year as President & CEO of RBC International Wealth Management where he lived until 2011.
In 2011, Mr. Lagopoulos moved back to Toronto and was appointed as Deputy Chairman, RBC Wealth Management and took responsibility for the servicing and growth of RBC's Ultra High Net Wealth and Institutional clients. He finally retired from the bank in November 2014.
Since his retirement, he has been appointed to five boards of operating businesses that are owned by Ultra High Net Wealth families and also continues to advise these families on a private basis.
Mr Lagopoulos graduated from the University of Toronto with a Bachelor of Commerce in 1979. He attended advanced programs in management at McGill University and the University of Pennsylvania Wharton School of Business. He also completed the Institute of Corporate Directors program at Rotman School of Management in 2012.