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Showing 51 - 60 of 264 results for "Henry"

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... released on February 4. Commissioner Kenneth Hayne criticised the leadership of chief executive Andrew Thorburn and chair Ken Henry during the final round of hearings. Hayne said he was not confident Thorburn and Henry have learned lessons of the past ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... praise was not reserved for all. NAB was called out for the performances of chief executive Andrew Thorburn and chair Dr Ken Henry during the final round of hearings, with Hayne explicit in his criticism of the two. "Having heard from both the chief ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... ACSI expressed concern for some time about NAB's new incentive structure and welcomes the decision announced by chair Ken Henry to rethink the scheme. However, it was the board's decision to award significant bonuses to the executive team that led to ...

Shareholders put NAB board in the hot seat

KARREN VERGARA  |  WEDNESDAY, 19 DEC 2018
... do more to reach out and connect with aggrieved customers rather than rely on net promoter scores figures. NAB chair Ken Henry was then criticised for saying it will take 10 years for NAB to change the bank's culture at the Royal Commission. This ...

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... business coincided with executive remuneration remaining high despite the misconduct exposed at the Royal Commission. Ken Henry should resign immediately - Josh Bornstein (@JoshBBornstein) November 27, 2018 The Australia Institute director Josh Bornstein ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
NAB chair Ken Henry openly asked the Royal Commission whether the bank should fund customer litigation against itself. Remerging at the Royal Commission, NAB's plan service fee issue became a focal point of discussion between the bank's chair and counsel ...

NAB cuts bonuses for executives

KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
... variable reward entitlements if they are dismissed, resign or fail to meet conduct requirement thresholds. NAB chair Ken Henry said the bank will look at executive pay through the lense of financial metrics but also customer focus. "The new framework ...

Queensland industry funds merge

HARRISON WORLEY AND JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... gold standard for the industry in terms of best practice for super fund mergers. AustSafe Super's independent chair Henry Smerdon echoed Fraser's sentiments. "This is a particularly well-suited match and good cultural fit for both organisations. ...

New Government body to advance financial literacy

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... literacy and capability in Australia. Clitheroe will be joined on the board by former The Smith Family chief executive Elaine Henry and Australian Defence Force independent chair Air Commodore Robert Brown, both of which also sit on the board of the ...

Pension fund CIO departs

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... him, and we are incredibly grateful for his service to California over the past decade," CalPERS investment committee chair Henry Jones said. CalPERS serves more than 1.9 million members in the retirement system and administers benefits for more than ...