Oct 9 (Reuters) - Investment bank Canaccord Genuity
Group ( CCORF ) on Wednesday appointed Nadine Ahn, Royal Bank of
Canada's ( RY ) former finance chief who was terminated in
April, as its deputy chief financial officer.
Ahn was terminated after serving as RBC's CFO since 2021 for
allegedly having an undisclosed close personal relationship with
a subordinate, the bank had said.
Ahn denied all allegations regarding the relationship in
RBC's counterclaim after she sued the bank for wrongful
dismissal and for nearly C$50 million.
Canaccord Genuity ( CCORF ) said Ahn will replace current CFO Don
MacFayden after a planned transition in 2025. MacFayden will
continue within the company's U.S. capital markets business.
Ahn will initially focus on optimizing Canaccord's global
financial operations, which will include overseeing strategic
projects and identifying opportunities to strengthen the
company's financial position, the statement said.