Indeed, as would imagine that his expenses (ordinarily) wouldn't have been looked at too closely and would have been reasonably hefty anyway, given CEO of a large bank.
Maybe he just built the deck before he had the shares to sell??
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Looks like he did more than build a deck. Bought John Keys Omaha bach, last year. I see JK's old mate Ken Whitney ala the foreign trusts was mentioned in the article also.
https://www.nzherald.co.nz/business/...ectid=12241168
The Aussie banks are under a lot of scrutiny, both at home and here in NZ. What better way to demonstrate a change than to crack down on a NZ subsidiary?
Nothing has changed in banking circles, at the highest levels at least
ANZ issues and then we’ll never know why the newly appointed CFO for BNZ never turned up for work.
Then again most high flying execs probably root the system (at shareholders expense)