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About Us > Media Centre > Media Releases/ASX Announcements > Media Releases/ASX Announcements 2007 > National Australia Bank Senior Executive Changes

National Australia Bank Senior Executive Changes

National Australia Bank Group Chief Executive Officer, John Stewart, today announced the creation of a new role responsible for developing and aligning the corporate and human capital strategies of the National Australia Bank.

 Peter Thodey, who is currently Chief Executive Officer New Zealand, has been appointed to the new role of Group Executive General Manager.

Cameron Clyne, who is currently Executive General Manager, Group Development, has been appointed as Chief Executive Officer New Zealand.

“Without the right strategies for our most important resource, our human capital, it will be very difficult to execute our overall corporate strategy,” Mr Stewart said.

“Peter’s outstanding leadership of the Bank of New Zealand during the past seven years makes him an excellent choice for this important role. Peter’s experience will ensure National Australia Bank has people with the right skills, talent and values, which are fundamental to sustainable growth in our business.

“Cameron Clyne has worked closely with me in developing our overall strategy and I have every confidence that he will be an excellent successor to Peter,” he said.

Cameron will join the Bank of New Zealand on 20 February 2007 and will assume his new role in the second week of March.

For further information:

Brandon Phillips
Group Manager, External Relations
T 03 8641 3857
M 0419 369 058

Hany Messieh
Head of Investor Relations
T 03 8641 2312
M 0414 446 876

Felicity Glennie-Holmes
Senior Manager, Group External Relations
T 03 8641 3627
M 0412 673 038

Lyndal Kennedy
Manager, Investor Relations
T 03 8641 5611
M 0400 983 038