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T. Richard Shier

Executive Vice President
City National Bank
City National Bank

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Richard Shier directs City National’s Banking & Investment Services, and serves on the bank’s Executive Committee.

Mr. Shier leads deposit, payments, wealth, international, fraud prevention, the bank’s contact centers and other servicing for clients of all business lines. In addition, he directs transformation functions, such as end-to-end workflow and digitization across multiple lines of business, and various corporate functions.

His leadership experience includes a range of strategic revenue-generating services, focusing on client value and experience, as well as treasury services, correspondent banking, product management, technology development and bank-wide operations.

Before joining City National in 1998, Mr. Shier led senior management teams at Home Savings, improving productivity and pioneering high volume imaging, and First Interstate Bank, where he targeted segment and customer profitability strategies. His previous experience includes financial services consulting, medical billing and payments technology companies.

Mr. Shier serves on the board of The Clearing House Payments Company, the leading private-sector infrastructure for clearing and settling U.S. dollar payments. He is a board member and former board chairman of WesPay, one of the nation’s largest regional payments associations, and received that organization’s Russell L. Fenwick award for national leadership in the payments industry. Previously he served on the board of NACHA, the National Automated Clearing House Association.