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NAB chairman warns some sectors may never recover

Sally Patten
Sally PattenBOSS editor

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Directors need a reality check when they consider their business models, given that some sectors may never bounce back from the COVID-19-induced recession, National Australia Bank chairman Phil Chronican warns.

NAB chairman Phil Chronican: “I think what we’ve learnt is we’ll come back [economically from COVID], but we will come back in a different form.” Paul Jeffers

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Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com

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    Original URL: https://www.afr.com/work-and-careers/leaders/nab-chairman-warns-some-sectors-may-never-recover-20210301-p576r4