The Loyola Medal was presented Arthur F. Mayne, recently retired executive vice-president of the Royal Bank of Canada, at a black tie dinner in the Oval Room of the Ritz-Carlton Hotel on Thursday, May 8, 1969.
As Chairman of Loyola's Development Program, Arthur Mayne was well known for the outstanding leadership he gave to Loyola during the crucial years of her existence and growth.
However, Mr. Mayne's contribution to Canada has included participation in a wide diversity of health, social, educational and community needs in addition to his significant contribution to Canadian finance and industry. He has been selected because he is an outstanding Canadian.
Arthur F. Mayne joined the Royal Bank of Canada in 1925. Throughout the years he served with various branches of the bank in eastern and western Canada, the Assistant General Manager's Department in Toronto and in the Head Office in Montreal, Que., and with the International Division - a position that entailed a great deal of travelling throughout South America, the Caribbean Europe. In 1955 he was named Associate General Manager and five years later became General Manager (Non-Domestic Business). Mr. Mayne was· appointed Executive Vice-President and elected to the Royal Bank's Board of Directors in 1961.
A keen outdoor sportsman, Mr. Mayne is an avid fisherman, hunter, curler, skeet marksman and golfer. He is a Life Governor of Mary's Hospital; Governor of Montreal Children's Hospital; Trustee and Financial Adviser St. Patrick's Orphanage and Chairman of Loyola College's Development Program.
Arthur Mayne retired from the Royal Bank of Canada, which he has served for the past 44 years, on January 9, 1969.