RBC fires female CFO Nadine Ahn over secret relationship with employee who ... trends now
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Royal Bank of Canada fired its chief financial officer after she failed to disclose a personal relationship with a colleague who reportedly received promotions and raises as a result of the connection.
Nadine Ahn, the bank's first female CFO, had her employment terminated Friday, along with the individual with whom she'd had a relationship, though their identity was not revealed.
Canada's largest bank paid Ahn some $3million USD in fiscal 2023, a figure that represented a 25 percent salary increase from the year prior.
At the time she was appointed in 2021 to her now-former role, Ahn was the only female CFO at any of the Big Six Canadian banks.
Nadine Ahn (pictured) was terminated from her role as RBC's CFO on Friday after an investigation into an undisclosed personal relationship she'd had with a colleague
The colleague's identity was not revealed, though they were fired alongside Ahn after receiving preferential treatment included promotions and pay raises as a result of the relationship
RBC said it