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NAB announces executive team changes

by Adrian Suljanovic8 minute read

The major bank has made new appointments to its executive leadership team.

Effective as of 29 April 2024, NAB group chief executive Andrew Irvine announced that Rachel Slade has been appointed as the major bank’s group executive business and private banking.

Slade is currently NAB’s group executive personal banking, however, this role will be taken on by Ana Marinkovic (as of 29 April), who is currently the major bank’s executive business direct and small business in the business and private banking team.

Furthermore, Irvine also announced that Cathryn Carver has been appointed as group executive corporate and institutional banking, effective 1 July 2024. She is currently executive client cover in C&IB.

Carver will be replacing David Gall, who announced his departure from the major bank as of 1 October following 16 years with NAB.

Irvine commented that he was “delighted that all the appointments were from within the NAB’s senior leadership team”.

All three executives carry a track record of helping customers succeed while “getting the basics of banking right”, according to the CEO.

“These appointments demonstrate our ability to identify and develop talent within the business while broadening diversity and experience,” Irvine said.

“Rachel, Ana and Cath, who will lead NAB’s customer-facing businesses in Australia, are great relationship bankers who inspire their teams to deliver results for customers.

“They understand the importance of using technology and data to make NAB easier and simpler to bank with.

“This completes the executive leadership team that will take NAB forward and maintain the momentum we have across the business by executing with discipline and focus.

“We see plenty of opportunities to build on NAB’s leadership in areas such as business lending, particularly to small and medium businesses, while continuing to deliver better outcomes for customers and colleagues.”

Irvine also thanked Gall for his contributions to the major bank, stating that he was a “tremendous peer and leader for the C&IB”.

“David embodies what it means to be a NAB leader and we are grateful for his contribution to the business,” he said.

Irvine himself recently took on the role of CEO following the retirement of Ross McEwan from his executive roles with the major bank.

Irvine was previously NAB’s group executive business and private banking since 2020 and succeeded McEwan on 2 April 2024.

He has also assumed the position of Australian Banking Association chair from McEwan on behalf of NAB.

[RELATED: New NAB CEO takes the reins]

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