''There are minimal transformation risks'' : there is the risk that amp will bugger up the process, execution of anything has been a drama
lol, I can't argue on that point. The sexual harassment scandal, class actions, Chair and CEO forced out, open book to Ares....you cannot even scripted this for a movie.
However, the current situation is much simpler than 2 years ago. They don't have to do much, just need to get it over the line.
Looking back they got the hard bits done: Life sold, Asics dropped criminal charges, settled with APRA, customers refunded, capital restructured, invested money into the bank, got rid of bolr program and released advisors, compliance program almost completed.
The board and management need just not to kick their own goal. So far so good.
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