NAB 1.15% $39.61 national australia bank limited

Ann: CEO and Chairman to leave NAB, page-31

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  1. 12,929 Posts.
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    Yes, agreed, especially one whose governance, risk and compliance record is associated with greyhound racing inquiries that went nowhere, whose predecessor was caught up in receiving bottles of alcohol, not disclosing it and resigning in disgrace in Independent Commission Against Corruption inquiries, the WestConnex Transurban controversies, the Sydney siege police controversies and the local government amalgamation planning controversies?

    I would have thought NAB would want to get on top of governance, risk, disclosure and compliance issues but perhaps it is better to scorch the Earth and come back from a Scorched Earth rather than fix it from where it currently is located at NAB?

    So, perhaps it is better for it to get worse and then be fixed rather than fixed from its current pretty poor state?

    Last edited by JCoure: 08/02/19
 
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