Interpac Business and Migration Solutions Melbourne Australia

(October 4,2011)

Former treasury secretary Ken Henry has been appointed to the National Australia Bank board.

Dr Henry will be a non-executive director of the bank, effective November 1.

NAB chairman Michael Chaney said the bank’s directors were delighted Dr Henry had accepted their invitation to join the board, given his extensive experience in both international and domestic finance sector policy.

Dr Henry, the government's top economic adviser during the 2008 global financial crisis, retired as Treasury Secretary in March after 10 years as the head of the government's key economic department.

Prime Minister Julia Gillard has employed Henry as a part-time adviser, and last week appointed him to lead a major review of Australia's social and economic ties with Asia.

Dr Henry was awarded Companion in the Order of Australia for services to the development and implementation of economic and taxation policy to the finance sector through a range of banking and regulatory bodies.

The award also recognised his services to the community in the area of welfare and care of native wildlife.

Source from Theage.com.au