The corporate charter that we have is very strong.
"Donald Robert Argus" Companion of the Order of Australia/AC is an Australian businessman, Chairman of Bank of America Merrill Lynch Australia Advisory Board and Member of the Bank of America Global Advisory Council. He is the former Chairman of BHP Billiton (1999-2010) and Brambles Industries/Brambles (1999-2008), former Director of the [http://www.afi.com.au/ Australian Foundation Investment Company] (1999-2013) and former CEO of National Australia Bank (1991-1999). He was educated at the Anglican Church Grammar School.
Argus spent much of his early career in the Bank/banking industry. He was credited with leading National Australia Bank (NAB) to recovery from a difficult period in the late 1980s and was the Executive Director Banking at NAB prior to succeeding Neil "Nobby" Clark as Chief Executive Officer on 1 October 1990, having been at the bank since the 1956. During his leadership market capitalisation grew from A$5.5 billion to a peak of A$37 billion. EPS growth in that period grew at a rate of 128%.
More Don Argus on Wikipedia.While global economic growth rates have slowed from the exceptionally high levels of 2004, the emerging economies remain buoyant, offsetting slowing industrial production growth in the OECD (Organization for Economic Cooperation and Development) nations.
Chip is an outstanding executive with solid resources industry experience.
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