“The market offering has moved significantly in this space and we are responding to these changes”
The industry veteran was formerly regional head of private banking for Credit Suisse
New chairman and chief executive's "annual fee" revealed as part of H1 financial results
The appointment comes after the lender's commitment to renew its board
The announcement comes after new chairman's vow for complete board renewal
Earlier today the group submitted a response to the Royal Commission rejecting calls for criminal action