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Senior NAB exec to step down

by Charbel Kadib10 minute read
Senior NAB exec to step down

The major bank has announced the departure of another senior executive, just weeks after confirming the resignation of former head of retail Mike Baird and former head of broker Nicole Devine.

NAB has announced that chief customer officer, business and private banking, Anthony Healy, will step down from the bank after serving for 10 years across several executive roles in Australia and New Zealand.

Mr Healy’s resignation will be effective 30 April.

The outgoing CCO will be replaced by chief risk officer, business and private banking, Michael Saadie, subject to regulatory approvals, while NAB searches for a permanent replacement.

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Following the announcement, NAB Group CEO Ross McEwan said: “Anthony has been recognised for his strong customer focus, innovation and market-leading results.

“He has been a champion for supporting our small to medium enterprises, the engine room of the Australian economy, and the development of regional and rural Australia.

“He has been a key member of NAB’s executive leadership team through a challenging period, and I have valued his support since I joined NAB.”

“I wish him well for the future.”

Mr Healy has led the business and private banking division since 2018, following eight years in New Zealand, which included a stint as managing director and CEO of the Bank of New Zealand.

Mr Healy commented: “I’m proud of the businesses which I have been a part of building in Australia and New Zealand. We play such an important role for the people and communities that we serve.

“I am confident that under Ross’ leadership, NAB will continue to thrive in a challenging banking environment.

“Now is the right time for me to consider what the next 10 years look like, professionally and personally.”

The news of Mr Healy’s departure comes just weeks after NAB announced the resignation of chief customer officer, consumer banking, Mike Baird and former head of broker Nicole Devine.

Both Mr Healy and Mr Baird were widely rumoured to have been potential replacements for former NAB group CEO Andrew Thorburn.

[Related: NAB confirms broker team reshuffle]

anthony healy