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Australia's NAB names Philip Chronican as new chairman

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National Australia Bank on Wednesday named interim chief executive Philip Chronican as the bank's new chairman after strong criticism from a financial sector inquiry into widespread misconduct prompted his predecessor to resign.

[BENGALURU] National Australia Bank on Wednesday named interim chief executive Philip Chronican as the bank's new chairman after strong criticism from a financial sector inquiry into widespread misconduct prompted his predecessor to resign.

Australia's fourth biggest bank said Mr Chronican will replace Ken Henry later in 2019, but it did not specify a date. 

REUTERS

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