NAB CEO and Chairman Resign in Wake of Royal Banking Commission Report

Bank of Queensland (BOQ) has signed a $1.325 billion deal to acquire ME bank on Feb 22, paving its way to challenge the big four dominance. Reuters/Edgar Su

NAB chief executive Andrew Thorburn and chairman Ken Henry are stepping down after banking royal commissioner Kenneth Hayne criticised their leadership.

NAB chief executive Andrew Thorburn and chairman Ken Henry are stepping down, becoming the highest-profile banking casualties of the financial services royal commission.