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NAB bosses resign, criminal proceedings to follow?

Andrew Thorburn amejiuzulu kutoka wadhifa wa mkurugenzi mtendaji wa benki ya NAB

Andrew Thorburn amejiuzulu kutoka wadhifa wa mkurugenzi mtendaji wa benki ya NAB Source: AAP

Two of National Australia Bank's (NAB) most senior figures, CEO Andrew Thorburn and Chairman Ken Henry, have announced their departures from the bank.


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By Gode Migerano

Presented by Gode Migerano

Source: SBS




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Two of National Australia Bank's (NAB) most senior figures, CEO Andrew Thorburn and Chairman Ken Henry, have announced their departures from the bank.


It comes just days after the release of the banking royal commission's final report, in which both men received special criticism.

The inquiry delivered a verdict of a greed-driven industry, making 76 recommendations to better protect consumers and improve regulation. It also referred 24 cases of potentially criminal activity to the responsible regulators for further investigation.

Following the resignations, will further action be taken against those who have been heavily criticised for participating in potential criminal activities?


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