The next chief executive of NAB has a 'mountain to climb' to bring the bank into line with community expectations, its outgoing chairman believes. 9News
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NAB CEO resigns after trading haltBREAKING: NAB CEO Andrew Thorburn and Chairman Dr Ken Henry will leave the bank. 9News More here:
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NAB CEO, chairman resign after royal commission reportNAB chief executive Andrew Thorburn and chairman Ken Henry have resigned from their roles amid the fallout from the banking royal commission report.
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Thorburn's future uncertain after NAB trading halt | Sky News AustraliaThe National Australia Bank has entered a trading halt pending a 'leadership changes' announcement.\n\nThere is market conjecture the announcement could be related to the scathing assessment of the organisation's conduct by the banking royal commission.\n\nSingling out NAB CEO Andrew Thorburn, Commissioner Kenneth Hayne said the company didn’t appear to be taking responsibility for what had gone wrong and had continued to blame faults on administrative errors.\n\nYour Money reporter Leo Shanahan has told Sky News it’s ‘likely’ Mr Thornburn will be asked to imminently step down by the board in the wake of the royal commission’s report. \n\n\n\n
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Thorburn, Henry resign in NAB leadership shakeup | Sky News AustraliaNational Australia Bank CEO Andrew Thorburn and Chairman Ken Henry announced their resignations in the wake of a scathing assessment by the banking royal commission.\n\nThe bank has confirmed ex-ANZ Australia boss and current NAB board member Philip Chronican will take over as interim boss.\n\nThe bank’s corporate leadership was singled out by Commissioner Kenneth Hayne, who said the company didn’t appear to be taking responsibility for what had gone wrong and had continued to blame faults on administrative errors.\n\n\n
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NAB shares in trading halt pending 'leadership changes'National Australia Bank shares are in a trading halt pending an announcement to the market regarding leadership changes.
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