Royal Bank of Canada (TSX:RY) has named Katherine Gibson as its permanent Chief Financial Officer (CFO). In this role, Gibson will be responsible for overseeing the financial operations of all RBC businesses and functions, including enterprise financial planning, analysis and reporting, taxation, corporate treasury, investor relations, performance management, and corporate development.
Gibson has been serving as the interim CFO since April, following the departure of Nadine Ahn due to an undisclosed close personal relationship with another executive. Gibson’s appointment is effective immediately, and her extensive experience within the bank prepares her well for this top role.
During her 22-year tenure at RBC, Gibson has been involved in key businesses such as the wealth division and has held board positions on both domestic and global units. The recent financial performance of RBC has been robust, with the bank exceeding analysts’ profit estimates for the last quarter.
RBC is a leading global bank with diversified business segments including personal and commercial banking, wealth management, insurance, and capital markets. The stock of RBC (TSX:RY) last traded at C$167.46 per share, reflecting a 24.97% increase since the beginning of the year.
For further discussions on this bank stock and other topics related to stocks, interested individuals can visit the Royal Bank of Canada Bullboard and Stockhouse’s stock forums and message boards. It is important to note that the information provided in this article is for informational purposes only and should not be construed as investment advice.
