Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
subscribe to our newsletter

NAB appoints new director

​One of the big four banks has announced the appointment of a veteran banking executive as a new director of its board.

Philip Chronican will join National Australia Bank as a non-executive director following a 30-year career in banking roles in Australia and New Zealand.

In his most recent executive position, Mr Chronican was responsible for ANZ’s Australian division, with specific responsibility for the major bank’s retail and commercial businesses.

Advertisement
Advertisement

Prior to joining ANZ, Mr Chronican was chief financial officer and a group executive at Westpac.

NAB chairman Dr Ken Henry said he is delighted Mr Chronican has accepted the bank’s invitation to join the board “to contribute his deep banking experience, commercial skills and market knowledge”.

Mr Chronican will begin his new role on May 2, 2016, with his appointment subject to regulatory approval.

[Related: NAB group finance exec resigns]

NAB appoints new director
mortgagebusiness

Latest News

The economy contracted by 0.3 per cent in the March quarter, ending Australia’s 29-year period of economic expansion, with Treasurer Josh...

A 20 to 30 per cent fall in residential property prices is “unlikely” in the absence of a “second wave” of the coronavirus outbreak,...

The major bank has announced its intention to sell its New Zealand-based asset finance business, UDC Finance, for NZ$762 million ($706 milli...

FROM THE WEB
podcast

LATEST PODCAST: Property remains a stable asset despite cautious market

Do you expect COVID-19 to reduce or increase your business flows?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.