NAB’s Andrew Thorburn and Ken Henry resign after banking royal commission

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BREAKING: Banking bosses Ken Henry and Andrew Thorburn have resigned from NAB after being singled out at the financial royal commission.

 

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James_P_Hall Why are these people not going to jail ? typical corrupt government

Resigned as opposed to fired... Any payout figures?

A start. Small, but a start. But neither of those cretins give a rat’s ass- I’m assuming they’re both comfortably set up for life already.

Well played Kenneth Hayne and Rowena Orr !

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NAB CEO cancels long-service leave after criticism from the banking royal commissionNational Australia Bank chief executive Andrew Thorburn has cancelled a period of long-service leave after criticism from the royal commission. Bit of luck he’ll get some long-service leave curtesy of the state. Bring on Mike Baird he will bring credibility to NAB after he walked out of Premier when it all got too hard DigbyHughes auspol nswpol RoyalCommission I think Thorburn's tenure will be short.I have had big issues in my company,3 loss making years and 1 break even we have returned to profit,but I have not taken a day off in that time because it is my responsibility.That is what I as CEO am paid for
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NAB CEO resigns after trading haltBREAKING: NAB CEO Andrew Thorburn and Chairman Dr Ken Henry will leave the bank. 9News More here: NAB NAB So they should! 9NewsAdel NAB Wow that means nothing after all the millions they made , and probably a huge pay out too
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NAB in halt ahead of ‘leadership changes’NAB shares have been placed in a trading halt ahead of an announcement about “leadership changes” amid speculation over the futures of chief executive Andrew Thorburn and chairman Ken Henry. More like Andrew Thormomix. Thanks - Spiff Arrogance has a price. Finally! elisereports
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NAB shares in trading halt as bank set to announce leadership changesBreaking: National Australia Bank is set to announce changes in leadership, days after chairman Ken Henry and CEO Andrew Thorburn were slammed in the royal commission I’d live their pay out to be as incompetent Tumbrils. Bring Tumbrils!
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NAB bosses 'cop scathing criticism' in banking royal commission | Sky News AustraliaThe banking royal commission has given 76 recommendations in total that cover banks, superannuation, mortgage brokers and financial advisors.\n\nThe final report gives 22 referrals of 19 banks and other financial institutions to Australian Securities and Investments Commission and Australian Prudential Regulation Authority, which may lead to criminal prosecutions.\n\nSky News host David Speers says the report does not ‘name names’ of who should be criminally prosecuted but the NAB CEO Andrew Thorburn and chair Dr Ken Henry ‘copped some scathing criticism’, saying they were the most criticised individually.\n\nBanking royal commissioner Kenneth Hayne QC says he not persuaded the NAB is willing to accept responsibility for deciding the right thing to do in the future and requiring their staff to act accordingly. \n\n As a former employee that doesn’t surprise me at all. Ken Henry! The Liberal finance God Surely not Labor’s fiscal guru and godlike pin up boy Ken Henry 😱 Media say nothing
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NAB CEO, chairman resign after royal commission reportNAB chief executive Andrew Thorburn and chairman Ken Henry have resigned from their roles amid the fallout from the banking royal commission report. Bet he gets a great goodbye payment 'Organisational Scape-goats. No-one complained beforehand while we were bringing the money in !' The National Bank has a real cultural problem. This will be it. Resignation/sacking with a golden handshake will be the only consequences for corporate banking criminals.
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