The former NSW premier is stepping down as the bank's chief customer officer after three years in the job.
National Australia Bank's new chief executive Ross McEwan says the bank must lift its game and has told senior executives to"fear me"if they have deliberately ripped off customers
ASIC has alleged NAB breached the law more than 12,000 times by charging customers fees for no service.
Incoming National Australia Bank chief executive Ross McEwan is being urged to prioritise getting on top of any lingering misconduct problems.
National Australia Bank interim chief executive Phil Chronican has warned profit margins will take a bigger hit from ultra-low interest rates in the year ahead.
Incoming National Australia Bank chief executive Ross McEwan will take up the reins at the big four bank weeks before Christmas.
Analysts and market watchers have given NAB's new CEO and chairman a ringing endorsement,with one declaring they are"as good as anyone in the market".
The New Zealand-born banking executive pipped some local candidates to the top job at the troubled bank.
Ross McEwan will be paid a base salary of $2.5 million,and incentives could see his total remuneration reach $9.5 million.
The timing of the Royal Bank of Scotland chief's exit has sparked speculation the former CBA executive could return to our shores.