National Australia Bank appoints Andrew Irvine as new group CEO
National Australia Bank (NAB) has appointed Andrew Irvine as its new group CEO and managing director following a three-year tenure as NAB’s group executive, business and private banking.
Incoming NAB CEO Andrew Irvine (left) with outgoing CEO Ross McEwan (right)
Irvine will take over the reins from current CEO Ross McEwan, who the bank has announced is set to retire in April after a “distinguished career in financial and insurance services”.
Commenting on McEwan’s time at the company and what his goals are going forward, Irvine notes: “I am very mindful of the responsibility of taking what has been built and continuing to grow our positive impact.”
Before joining NAB in 2020, Irvine served at Bank of Montreal (BMO) for more than 12 years, where he held several leadership positions and most recently led the company’s Canadian business banking division.
Prior to his time at BMO, Irvine also worked for McKinsey & Company, Credit Agricole and Lycos Europe.
Speaking on the new appointment, NAB chair Philip Chronican claims that Irvine’s “expertise in digitisation, transformation and modernising has created significant benefits for how our bank operates”, adding that he has been a “tireless advocate for the agricultural sector, small business and First Nations business”.
Irvine will take over as NAB’s CEO on 2 April. The bank states that a new group executive, business and private banking will also be selected in “due course”.
