Search ResultsShowing 1 - 10 of 15 results for "Philip Chronican"
Chief economist update: RBA May cut, May not
BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... according to APA Group chief executive Mick McCormack. At least, National Australia Bank chief executive Philip Chronican was more forthcoming: "Interest rate cuts would further squeeze bank margins, profits and lending capacity without doing ...
NAB remediation bill hits $1.1bn
JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
... banking matters including incorrectly charged fees on fee-exempt transactions. NAB acting chief executive Philip Chronican said there is currently about 350 people working on remediation efforts, with plans to boost this to 500 people. The ...
NAB needs 500 staff for remediation
ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
National Australia Bank chief executive Philip Chronican has acknowledged the institution needs to go to great lengths to repay customers. In his opening statement to the House of Representatives Standing Committee on Economics, Chronican began by ...
NAB ends introducer payments
ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
National Australia Bank will no longer make referral payments to introducers. NAB chief executive Philip Chronican said ending "introducer" payments was part of NAB's ongoing efforts to be a better bank following the Royal Commission. He said ...
NAB announces executive departure
ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
... executive regional and agribusiness, while NAB looks for a permanent replacement. NAB Group chief executive Philip Chronican said Murphy has led her department through a very challenging period and brought a useful perspective on changing bank ...
New NAB chair seeks to ease shareholders
JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... including ongoing changes to executive remuneration following criticism. In a letter to NAB shareholders, Philip Chronican said the bank's board "heard loud and clear" that 2018 remuneration outcomes did not meet shareholder or community ...
NAB names new chair
JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2019
... National Australia Bank has been named as the hunt for a new chief executive continues. Current NAB director Philip Chronican will replace Ken Henry as chair of the board later in 2019. Chronican is currently serving as interim chief executive and ...
NAB chief executive exit package revealed
JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... his unvested deferred awards have been forfeited, the bank said. Upon his departure, non-executive director Philip Chronican will commence as acting chief executive and will receive a fixed fee of $150,000 a month until such time as a permanent ...
NAB chief executive and chair exit
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... on 28 February 2019, while Henry will retire from the board once a permanent chief executive is appointed. Philip Chronican, a non-executive director, will become acting chief executive from March 1. After a number of conversations with Henry ...
Drummond resignation prompts NAB leadership changes
MARK SMITH  |  MONDAY, 22 FEB 2016
... Amid the changes, the bank has also appointed a non-executive director from rival ANZ. Industry veteran Philip Chronican starts in his new role on 2 May, subject to regulatory approval. Chronican has extensive banking experience, following a ...
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