07:40 AM EDT, 09/12/2024 (MT Newswires) -- Royal Bank of Canada ( RY ) announced Thursday that Katherine Gibson has been appointed Chief Financial Officer, effective immediately.

Ms. Gibson has served as Interim Chief Financial Officer since April 5, 2024. Prior to this, she was Senior Vice President, Enterprise Finance & Controller with global responsibility for head office Finance, including all external, board and management reporting, accounting policy and financial management systems.

This comes as The Globe and Mail newspaper noted last week that former RBC CFO Nadine Ahn was "doubling down on her claim that the bank wrongfully terminated her, asserting in a new court filing that she did not have a romantic relationship with a colleague and did not abuse her power to advance his career."

RBC saw its shares rose $1.06 to a 52 week high of $167.46 yesterday on the TSX.