Former prime minister Sir John Key should resign "or be removed" as chairman of ANZ over an incident that saw it censured by the Reserve Bank, a former top bank director argues. Key, a former investment banker, became chairman of ANZ New Zealand in October 2017, not long after leaving Parliament. MONIQUE FORD/STUFF Sir John Key was appointed as chairman of ANZ New Zealand in October 2017, not long after leaving Parliament. McDonald's opinion was that the focus on the interests of the New Zealand bank was central to the issue. "While isolated, and with no impact on customers or the operation of the bank, ANZ New Zealand is disappointed this error occurred."

Source: Stuff May 31, 2019 17:00 UTC