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Showing 1 - 10 of 28 results for "Frank Cicutto"

PROFILE: NAB Financial Planning general manager Paul Fog

ALEX BURKE  |  MONDAY, 23 NOV 2015
... billion adjusted to 2015 prices), which was at the time widely viewed to be too much. (Then-NAB chief executive Frank Cicutto defended the move, saying, "We fought the best house in the street and we've bought a quality organisation.") According to Fog ...

NAB names new chief

WWW.THESHEET.COM, ASX STATEMENT  |  THURSDAY, 31 JUL 2008
... timetable set by him and the board following his elevation from running the bank's business in Britain to replace Frank Cicutto in early 2004, following the discovery of several hundred million in trading losses on foreign exchange options. Clyne, 40 ...

Orix sells to Allco

WWW.THESHEET.COM  |  THURSDAY, 14 DEC 2006
... assets of $592 million. Conroy retired at the end of 2004 and Sweeny retired three months later. The new chairman was Frank Cicutto, former chief executive of National Australia Bank, and the new chief executive was John Carter. The company had reported ...

NAB foreign exchange options desk back in business

... only NAB employees to leave the bank following the fictitious trades with chief executive and managing director Frank Cicutto also resigning over the losses. A major board impasse, which resulted in the resignation of a number of high-profile directors ...

NAB head of foreign exchange resigns

AAP  |  THURSDAY, 18 MAR 2004
... report was released into unauthorised trading that led to $360 million in pre-tax losses. The bank\'s chief executive Frank Cicutto and chairman Charles Allen also both resigned over the incident, which erupted in January. Cunningham was not named in ...

NAB report reveals critical weaknesses

WITH AAP  |  FRIDAY, 12 MAR 2004
... by shareholders. He said that, despite the resignations of former chairman Charles Allen and ex-chief executive Frank Cicutto, further action was required. The bank today rejigged two board committees, with Peter Duncan replacing Kraehe as chairman of ...

Shareholders expect NAB chairman to quit other roles

AAP  |  WEDNESDAY, 18 FEB 2004
... sets about rebuilding confidence and morale at NAB, which has suffered with the resignations of its chief executive Frank Cicutto two weeks ago and chairman Charles Allen yesterday. ABN Amro Morgans said it was surprised that Mr Kraehe was appointed ...

New NAB boss has own suspicions about rogue trading scandal

... the rogue trading furore which cost Australia's largest bank $360 million and the job of former chief executive Frank Cicutto. Mr Cicutto stepped down last Monday after 37 years with the bank. The 53-year-old Scotsman, who was the head of NAB's UK operations ...

NAB prompts Labor to take aim at golden handshakes

AAP  |  TUESDAY, 3 FEB 2004
... would lose the right to claim massive payouts to outgoing executives against tax, Labor said today, as bank boss Frank Cicutto prepared to receive a $3 million golden handshake. Mr Cicutto announced his resignation from the National Australia Bank (NAB) ...

NAB's Frank Cicutto resigns as CEO

AAP  |  MONDAY, 2 FEB 2004
... National Australia Bank Ltd today appointed John Stewart as managing director and chief executive officer, replacing Frank Cicutto. The bank said Cicutto had resigned. NAB chairman Charles Allen said today Mr Cicutto had expressed has desire to resign ...
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