As a point of interest, here is the opening paragraph from Bank of New Zealandâs Wikipedia entry (with my emphasis added):
Bank of New Zealand (BNZ) is one of New Zealandâs big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861. The bank operates a variety of financial services covering retail, business and institutional banking and employs over 5,000 people in New Zealand. In 1992 the bank was purchased by the National Australia Bank and has since then operated as a subsidiary, but it retains local governance with a New Zealand board of directors.
Maybe he thought holding a position in the Anglican Community would be more influential in the Melbourne Establishment and provide better networking opportunities to get himself back on the A List.
All the main NZ banks are owned by the Big 4 Australian banks scooping up 90% market share, is a bit of an ongoing annoyance for Kiwis who complain about them lining Australian companies pockets
Indeed, but itâs interesting, isnât it, that the Bank involved all the way through this history is NAB, that Thorburnâs whole career was effectively with NAB (until he fell foul of the inquiry) and that Hisgrove was also heavily involved with NAB via the connection with EY. Itâs the Big End of Town all over again.
IIRC most clubs require board members be members. Rex Hunt in the mid 00âs led a charge to over throw richmonds board kicking up a stink on radio etc. He was quickly ruled out when it was revealed he wasnât an actual member.
Brian Walsh Corporate Affairs Manager at AFL House, is a mate and former NAB colleague.
All in the family.
How many connections with AFL Commissioners?
Only Essendon could turn what should be a relatively innocuous appointment into such a massive culture war that the Premier, Federal Opposition Leader and archbishop are weighing in. Our ability to generate controversy is honestly almost impressive.
It looks to me as if the EFC Board put too much trust in Hisgrove and her colleagues at EY, expecting them to do due diligence on the candidates, without themselves doing due diligence on Hisgrove and EY for their pre-existing connections with the candidates.