In yet another instance of corporate leadership upheaval, the Royal Bank of Canada (RBC) recently announced the termination of its Chief Financial Officer, Nadine Ahn, following an internal probe revealing her undisclosed personal relationship with another employee.
The investigation found that this relationship led to preferential treatment, including promotions and compensation increases, for the employee involved. While no evidence of misconduct regarding the bank's financial matters was uncovered, both Ahn and the unnamed staffer saw their employment terminated.