Royal Bank of Canada Terminates CFO Nadine Ahn Following Investigation into Personal Relationship

Business News

Royal Bank of Canada Terminates CFO Nadine Ahn Following Investigation into Personal Relationship
Royal Bank Of CanadaCFOTermination
  • 📰 CBCNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 99%

Royal Bank of Canada has terminated its chief financial officer Nadine Ahn after an internal investigation revealed her alleged personal relationship with another employee. The bank became aware of the allegations and launched an internal review, consulting external legal counsel.

Royal Bank of Canada says it has terminated chief financial officer Nadine Ahn following an investigation into a personal relationship she allegedly had with another employee.The Canadian PressThe RBC Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. Royal Bank of Canada says it has terminated chief financial officer Nadine Ahn following an investigation into a personal relationship she allegedly had with another employee.

It says the probe found evidence that Ahn was in an "undisclosed close personal relationship" with another employee who received preferential treatment, including promotion and compensation increases, which violated the bank's code of conduct."Based on a review of the evidence, we terminated employment for both individuals on April 5," a bank spokesperson told CBC News.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBCNews /  🏆 2. in CA

Royal Bank Of Canada CFO Termination Investigation Personal Relationship Employee

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Royal Bank of Canada Terminates CFO Nadine Ahn for Personal RelationshipRoyal Bank of Canada Terminates CFO Nadine Ahn for Personal RelationshipRoyal Bank of Canada (RBC) has terminated its chief financial officer Nadine Ahn after an investigation revealed that she had a personal relationship with another employee, resulting in preferential treatment. RBC conducted an internal review and contacted outside legal counsel to investigate the allegations. The investigation found evidence of a close personal relationship that led to promotion and compensation increases for the other employee. As a result, both individuals have been terminated from their employment.
Read more »

Royal Bank of Canada Appoints Interim CFO Following Departure of Nadine AhnRoyal Bank of Canada Appoints Interim CFO Following Departure of Nadine AhnRoyal Bank of Canada has appointed Katherine Gibson as interim Chief Financial Officer after the departure of Nadine Ahn. Ahn was found to have violated the bank's code of conduct by having an undisclosed personal relationship with another employee, leading to preferential treatment. The investigation found no misconduct in relation to the bank's financial statements or performance.
Read more »

Protesters Demand Royal Bank of Canada to Stop Investing in Fossil FuelsProtesters Demand Royal Bank of Canada to Stop Investing in Fossil FuelsProtesters gathered in front of the Royal Bank of Canada's Montreal office Saturday, one of dozens of rallies held across the country, demanding the bank to divest from fossil fuels.
Read more »

Royal Bank of Canada fires CFO over undisclosed relationshipRoyal Bank of Canada fires CFO over undisclosed relationshipExplore stories from Atlantic Canada.
Read more »

Royal Bank of Canada fires CFO over undisclosed relationshipRoyal Bank of Canada fires CFO over undisclosed relationshipThe bank said it became aware of 'allegations' against Ahn and launched an investigation that found she violated the bank's code of conduct by having an...
Read more »

Royal Bank of Canada fires CFO over undisclosed relationshipRoyal Bank of Canada fires CFO over undisclosed relationshipExplore stories from Atlantic Canada.
Read more »



Render Time: 2025-03-21 17:07:07