T. Richard Shier
Executive Vice President
Banking & Investment Services
Richard Shier directs City National’s Banking & Investment Services, and serves on the bank’s Executive Committee.
Mr. Shier leads deposit, lending, payments, wealth, international, fraud prevention and other servicing for clients of all business lines. He also directs transformation functions, such as end-to-end workflow and digitization across multiple lines of business, and oversees 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 his targeted segment and customer profitability strategies delivered rapid growth in key markets. 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 Electronic Payments Association.