If true then shes got to be the dumbest cfo ever. How can simply authorize transfer without board & ceo approval.

The fact that she even requested a transfer means that she is not fit for that position

Could be. Maybe they had their doubts on her capabilities and wanted to test her. Unfortunately she failed the test .

Yea every level has limit authority but also needs approval.

The limit is there just means she is authorized to sign off alone up to a certain amount. But any transfer of funds still requires approval before she can sign off.

This is a bank we are talking about ya and the funds were being transferred overseas. She cant simply authorize any transfer without any approval .

CFO is an employee too u know dumbo