A branch of the Royal Bank of Canada is located in downtown Vancouver, British Columbia, Canada.
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Royal Bank of Canada said Friday it has appointed Katherine Gibson as interim financial officer, effective immediately, following Nadine’s departure.
The bank said it was aware of the “allegations” made against Ann and launched an investigation, which found she had breached its code of conduct by “having an undisclosed close personal relationship with another employee which resulted in that employee receiving preferential treatment, including promotions and Salary” increases. “
The bank said in a statement that two employees had been terminated as a result.
Ann could not immediately be reached for comment.
The bank added that the investigation found no evidence of wrongdoing by the former financial chief or other employees with respect to the bank’s previously issued financial statements, RBC’s strategy or its financial or business performance.
Ahn previously served as head of investor relations at Royal Bank of Canada (RBC) before being named chief financial officer in September 2021.
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