And no matter how much the questioners droned on – and drone they did, with the meeting running for almost five hours – Henry never lost patience. His strategy seemed to be to let the firestorm feed on itself and eventually die out.
Self-deprecating approach
It was exactly the performance he probably should have provided in the royal commission – a fact Henry himself joked about in an impressively self-deprecating way.
“My own performance I was described as being pompous. Ha!” exclaimed Henry about his time in front of Orr.
“I said to my wife: ‘You saw it all, do you think I was being pompous?’
“She said ‘No. But you certainly can be.'”
There were so many questions on the meeting’s first motion (theoretically on the financial report, but really about everything from climate change and bank victims to bonuses and mortgage brokers ) that it took the best part of 3½ hours to get to the moment the crowd had come to see – the size of the vote against NAB’s remuneration report.
The vote was as staggering as expected – a strike of 88 per cent.
Henry insisted after the meeting NAB will do everything it can to avoid second strike next year, and a potential spill of the board.
Rowena Orr might be wise to hold off on that board push for a little while yet.
from A Viral Update https://ift.tt/2LruoR4
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