<h1>Ethics concerns prompted board inquiry and regulator engagement, leading to interim chair appointment to preserve governance continuity.</h1> The chairman's resignation citing ethical misalignment prompted the board to seek specific instances and request withdrawal of certain language; unable to secure clarity, the Nomination and Remuneration Committee engaged the banking regulator, which appointed an interim chair to ensure governance continuity. Management maintained there were no substantive issues warranting resignation, described an overseas investigation as closed with accountability fixed, and directed the NRC to address executive reappointment and chairman selection under standard succession processes.