&w=1200&resize=1200,675&ssl=1 "Alleged affair with employee: Bank allegedly sacks chief financial officer
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Achi news desk-
The country’s largest bank Royal Bank of Canada (Royal Bank of Canada) has fired that employee after accusing the Chief Financial Officer of having a relationship with another employee.
Alleged affair with an employee, fired
Yes, the country’s largest bank, Royal Bank of Canada, has fired its chief financial officer, Nadine Ahn, following an investigation into her personal relationship with another employee, according to the New York Post.
In a press release on April 5, the bank said it first became aware of the allegations against Nadine Ahn and then began an investigation.
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“She breached the company’s code of conduct by having an undisclosed intimate personal relationship with another employee,” the bank said.
The announcement also talks about what the bank’s code of conduct is. “We must all adhere to the highest ethical standards embodied in our values ​​and code.
As managers of people, we must set an example for everyone by being respectful and transparent. “He will fulfill responsibilities well and be responsible for being fair in all cases,” said the bank’s rules.
Therefore, the bank has clearly stated that he has been dismissed for going against the bank’s policies. The employee was terminated based on this relationship alone, except that the investigation did not identify any wrongdoing in relation to the bank’s financial statements.
Both are financially sound. So it is clear that it is against the bank’s code of conduct.
Currently, the two employees have left their jobs and walked out, the bank said.
Ahn, who held the position of Chief Financial Officer in 2021
Ahn joined Royal Bank in 1999 and was Head of Investor Relations at RBC before being appointed Chief Financial Officer.
Ahn, who has experience working in investor relations and other financial roles, took over as CFO in September 2021.
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Sources at The Globe and Mail reported that Ahn had a close relationship with an employee named Ken Mason. He was the bank’s Vice President and Head of Equity and Term Funds with 23 years’ experience at RBC.
Appointment of Katherine Gibson as Interim Chief Financial Officer
Because of all this growth, the bank has appointed its senior vice president of finance and controller, Catherine Gibson, as interim Chief Financial Officer.
“In his new role, Gibson brings a wide range of experience leading global teams and key strategic industry initiatives,” the bank said of the new executive.
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