Via Banking Day:
Another rollicking chapter in the National Australia Bank’s dismal risk management history was etched into the parliamentary records yesterday, with group chief risk officer Shaun Dooley moving to distance the company from observations made by former chairman, Ken Henry.
In evidence given before a hearing in Melbourne of the joint parliamentary committee on corporations and financial services, the low profile chief risk officer was asked to account for an admission by Henry in June 2018 to Ernst & Young consultants that the bank was still mis-selling financial products to customers.