Gavin Slater likes to describe his work at the National Australia Bank as a “full body transplant”. It is costing $1 billion a year. How does he stay cool?
The tomato sauce, the regular staff barbecues and the brewed coffee are on their way out at the iron ore mining company, Fortescue Metals Group. After narrowing escaping breaching its debt covenants, FMG is tightening its belt and searching every nook and cranny to cut costs.
Appointing a woman to the top job would be a significant move for Macquarie Bank. It'd be a huge appointment in an industry that's still not even attracting an equal number of women to men in the early years, let along retaining those women long enough to see them reach key leadership positions.
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