RBC has terminated chief monetary officer Nadine Ahn following an investigation into a private relationship she allegedly had with one other worker.
In an announcement launched Friday night, RBC says it lately turned conscious of allegations involving Ahn and launched an inside overview, whereas additionally consulting exterior authorized counsel to analyze.
It says the probe discovered proof that Ahn was in an “undisclosed shut private relationship” with one other worker who obtained preferential therapy, together with promotion and compensation will increase, which violated the financial institution’s code of conduct.
Ahn and the opposite worker had been each terminated following the overview.
“Primarily based on a overview of the proof, we terminated employment for each people on April 5,” a financial institution spokesperson instructed CBC Information.
As a matter of coverage, we don’t touch upon particular issues referring to particular person workers, previous or current.
RBC says the investigation discovered no proof of conduct by both person that impacts the financial institution’s beforehand issued monetary statements, technique or monetary or enterprise efficiency.
Katherine Gibson, who most lately served as RBC’s senior vice-president of finance and controller, has been appointed interim chief monetary officer, efficient instantly, whereas a search is carried out for a everlasting successor.