NAB appoints Andrew Irvine as new CEO

The National Australia Bank has a new boss, Andrew Irvine, who is now head of business and private banking. Mr Irvine will replace Ross McEwan in April. McEwan came into the job at NAB in the wake of the banking Royal Commission, where Chairman Ken Henry and CEO Andrew Thorburn resigned after suffering a scathing assessment of their judgment. He performed a massive rescue job as CEO at the Royal Bank of Scotland - which had been bailed out by the British Government after the Global Financial Crisis. Before joining NAB, Mr Irvine was head of Canadian Business Banking at the Bank of Montreal, Canada's oldest bank.