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Fortune

Sheryl Estrada

RBC appoints 'highly respected' 22-year company veteran as CFO in wake of alleged affair scandal

(Credit: Getty Images)

Good morning. Royal Bank of Canada (RBC) has promoted its interim CFO, Katherine Gibson, to the permanent role of chief financial officer, effective immediately, the bank announced on Thursday. Gibson has served as interim CFO since April 5, following the departure of former CFO Nadine Ahn, who was terminated for promoting a subordinate with whom she was romantically involved, according to the bank.

Dave McKay, president and CEO of RBC, congratulated Gibson on her new appointment in a LinkedIn post on Thursday: "From day one, she’s lived up to her reputation for being a highly respected and experienced executive."

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