Rowland Cardwell Frazee CC (12 May 1921 – 29 July 2007[1]) was a Canadian banker, and chairman and chief executive officer of the Royal Bank of Canada from 1979 to 1986.

Born in Halifax, Nova Scotia, at age five, the family moved to St. Stephen, New Brunswick where his father had been appointed bank manager.

At age eighteen, Rowland Frazee went to work as a clerk at his father's branch but following the outbreak of World War II he enlisted in the Canadian Army in 1941 serving overseas with The Carleton and York Regiment, First Canadian Infantry Division, with whom he participated in the July 1943 allied landings in Sicily.

After the war, Frazee studied at Dalhousie University in Halifax, where he graduated with a Bachelor of Commerce degree in 1948.

His son, Stephen Frazee, is a successful Toronto real estate broker and his daughter, Catherine Frazee, a former chair of the Ontario Human Rights Commission, is a retired Professor of Distinction at the Toronto Metropolitan University School of Disability Studies.