Andrew Auerbach
Nathan Goonan, chief financial officer at NAB has quit and will take up the CFO role at Westpac later this year.
Goonan replaces current Westpac CFO Michael Rowland, who will retire from the bank.
Andrew Irvine, NAB CEO, yesterday announced a raft of executive changes.
Andrew Auerbach, one of his mates from BMO in Canada, will join NAB as Group Executive, Business & Private Banking on 16 June. Auerbach held similar roles at BMO from 2007 to 2022.
Irvine joined NAB from BMO in in 2020, where has was head of Canadian Business Banking.
Rachel Slade, currently Group Executive B&PB, will leave NAB on 1 July, allowing for a transition period and to work with Irvine as a senior adviser.
Michael Saadie, currently Executive, Private Wealth and CEO of JB Were, will be acting as Group Executive B&PB until Auerbach starts at NAB in three months.
Shaun Dooley, currently Group Chief Risk Officer, will be acting as NAB group CFO while NAB recruits a new group CFO.
Peter Whitelaw, currently Executive, Chief Resilience Risk Officer, acting as Group CRO.
In hiring a new head of B&PB and replacing Rachel Slade – once touted as in the running to be NAB CEO – Irvine is hinting as dissatisfaction with the progress of NAB’s business bank, which has yielded market share to CBA And Westpac over the last year.