NAB chief executive and chairman resign as Australia's bank probe continues to make heads roll

Pedro Gonçalves
clock • 4 min read

The chief executive and chairman of National Australia Bank resigned this Thursday becoming the latest in a succession of heads to roll amid scandals unearthed by the year-long inquiry into misconduct in the nation's financial industry. In a statement to ASX, the country's stock exchange, CEO Andrew Thorburn  revealed he will finish at NAB on 28 February, while chairman Ken Henry  indictated he would retire from the board once a new permanent chief executive had been appointed. Philip Chronican, a current NAB director with previous banking experience at ANZ Bank and Westpac, will serv...

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