Royal Bank of Canada has appointed Katherine Gibson as its permanent Chief Financial Officer, effective 12 September 2024, bringing to a close a succession process that began in the spring when her predecessor was dismissed from the role. Gibson, a 22-year RBC veteran, had been serving as interim CFO since 5 April 2024 and was confirmed in the permanent position following what chief executive Dave McKay described as an extensive worldwide search.
McKay said publicly that Gibson was "clearly the best choice for the role" after the international search.
BACKGROUND
Gibson's 22-year career at RBC has encompassed a range of senior finance roles.
RBC is Canada's largest bank by market capitalisation and one of the largest financial institutions in North America.