Group Chief Executive Officer
BCom (Hons), MBA (Dist), GAICD, SF Fin
Philip Chronican became Group Chief Executive Officer of National Australia Bank Limited (NAB) on 1 March 2019. Mr Chronican is a current NAB Director and is performing this role in an interim capacity until a permanent appointment is made. As announced to the market on 6 March 2019, Mr Chronican, will replace Dr Henry as Chairman later in 2019, once a new permanent CEO has been appointed.
Mr Chronican has been a NAB Director since May 2016. While serving as a Non-Executive Director, Mr Chronican was Chairman of the Board's Risk Committee and a Member of the Remuneration Committee. He was also a Director of BNZ (a subsidiary of NAB).
Mr Chronican has more than 35 years of experience in banking and finance in Australia and New Zealand. This included responsibility for Australia and New Zealand Banking Group Limited's (ANZ) Australia division, with specific responsibility for ANZ's Retail and Commercial businesses. Prior to joining ANZ, he had a long career at Westpac Banking Corporation (Westpac) in executive roles including Group Executive Westpac Institutional Bank and Chief Financial Officer. He has broad experience in M&A activity and post-merger integration. In addition, he has taken an active and public role in advocating for greater transparency and ethics in banking and promoting workforce diversity.
Mr Chronican's other directorships include NSW Treasury Corporation (TCorp) and The Westmead Institute for Medical Research (Chairman).