NAB appoints Andrew Irvine as group CEO

NAB

National Australia Bank (NAB) has named Andrew Irvine as its group CEO and managing director, effective 2 April 2024.

Irvine, who has served as NAB’s group executive business and private banking since September 2020, will succeed Ross McEwan in the role, who will be retiring from executive roles after a distinguished financial services career that spanned nearly four decades.

Prior to joining NAB, Irvine spent more than 12 years working in a number of senior roles with BMO Financial Group in Canada, most recently as its head of Canadian business banking. His earlier career extends to companies such as McKinsey, Lycos Europe and Crédit Agricole CIB.

NAB chair Philip Chronican described Irvine as a “tireless advocate” for the agricultural sector and small businesses and a person “well suited to take NAB into its next chapter of growth and performance”, adding that he has “lifted” the bank’s business and private banking performance over the course of his tenure.

“His expertise in digitisation, transformation and modernising has created significant benefits for how our bank operates. He has made work simpler and easier for colleagues by deeply understanding their needs.”

Chronican also paid tribute to outgoing CEO McEwan, who joined the bank in December 2019 following a mandate for change by the Royal Commission.

“Ross has been exactly the CEO we needed. He came in at a critical time with significant international experience and expertise,” he said.

Following McEwan’s step-down from the role, Irvine will also assume the position of Australian Banking Association (ABA) chair on behalf of NAB, which accepted chair bank responsibilities for two years from December 2023. NAB has added that it will be selecting a new group executive business and private banking “in due course”.

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