You are here

Australia's NAB names Philip Chronican as new chairman

colin-nab-6.jpg
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

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes