Staying power

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When he joined Royal Bank of Canada (RBC), Morten Friis didn't expect to be working in the financial services sector for too long. "I intended to get a bit of institutional experience before I moved into a real job," says Friis, the bank's chief risk officer. "I thought I'd end up working in industry and it would be good training to have."

That was 1979. After 18 years at RBC in various roles in the commercial and corporate divisions, handling small and medium-sized businesses, he was offered the

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