National Australia Bank (NAB), one of Australia’s prestigious Big Four banks, is led by Andrew Irvine, who became Managing Director and Group CEO in April 2024. A British-born, Canadian-trained banking executive with more than 26 years of experience in financial services, Irvine is NAB’s first international CEO. His career spans three continents — working at Credit Agricole in London, McKinsey & Company in Toronto, and Bank of Montreal across Canada before joining NAB in 2020. He unveiled a “back to basics” strategy focused on customer loyalty, declaring his ambition is for NAB customers to love the bank “as much as they love Toyota and Bunnings.” NAB reported statutory net profit of A$6.76 billion and cash earnings of A$7.09 billion in FY2025, while managing approximately A$1.1 trillion in total assets and serving around 9 million customers across Australia and New Zealand.
Read on to discover National Australia Bank CEO email address, Andrew Irvine net worth in 2026, salary and compensation, career history, age, family, and more.
(Suggested: Westpac CEO – Anthony Miller)
Andrew Irvine – Quick Facts
National Australia Bank Competitors
National Australia Bank operates in the highly competitive Australian banking industry, dominated by the “Big Four” banks protected by the government’s four pillars policy. The Big Four collectively hold approximately 80% of Australia’s banking assets. Key competitors include:
- Commonwealth Bank of Australia (CBA) – Australia’s largest bank by market capitalization, with A$1.3 trillion in total assets and 17 million customers
- Westpac Banking Corporation – Australia’s oldest bank, founded in 1817, with A$1 trillion in total assets
- ANZ Group Holdings – operates across Australia, New Zealand, Asia, and the Pacific with A$1 trillion in total assets
- Macquarie Group – Australia’s largest investment bank and financial services firm
- Bendigo and Adelaide Bank – the largest regional bank in Australia
- Bank of Queensland (BOQ) – a major regional bank with A$60 billion in total assets
- Suncorp Group – diversified financial services and insurance company
Andrew Irvine Net Worth 2026 – National Australia Bank CEO Salary
Andrew Irvine’s net worth is not publicly disclosed but is estimated in the range of A$10–20 million based on his career trajectory across Credit Agricole, McKinsey & Company, Bank of Montreal, and National Australia Bank. Over a career spanning more than 26 years in financial services across London, Toronto, and Melbourne, Irvine has accumulated significant wealth through executive compensation, equity holdings, and bonuses.
His total remuneration for FY2025 (the year ended September 30, 2025) was approximately A$5.6 million. As Managing Director & Group CEO of NAB, his compensation package includes fixed remuneration of A$2.5 million per year (inclusive of superannuation), an annual variable reward (AVR) target of 75% of fixed remuneration with a maximum of 100%, and a long-term incentive (LTI) annual grant of up to 140% of fixed remuneration provided in performance rights.
Andrew Irvine – Compensation Breakdown (FY2025)
Key Insight: Over 55% of Andrew Irvine’s compensation is performance-based (variable reward + long-term incentives), aligning his interests with shareholder outcomes. He is NAB’s first British-born CEO and the first CEO from outside Australia in the bank’s 182-year history. Irvine also serves as Chair of the Australian Banking Association Council and is a Director of the Financial Markets Foundation for Children.
In Australian dollars, Irvine’s A$5.6 million total remuneration is broadly comparable with his Big Four peers. Commonwealth Bank CEO Matt Comyn earned approximately A$10.2 million in FY2025, while Westpac’s Anthony Miller and ANZ’s Shayne Elliott earned in the A$5–7 million range. NAB’s compensation philosophy emphasizes variable, performance-linked pay that vests over multi-year periods.
National Australia Bank Net Worth 2026 – Is NAB Profitable?
Yes, National Australia Bank is highly profitable and one of the most valuable companies on the Australian Securities Exchange (ASX). NAB reported statutory net profit of A$6.76 billion and cash earnings of A$7.09 billion in FY2025 (the year ended September 30, 2025). The bank’s market capitalization stood at approximately A$148 billion as of March 2026, making it the third-largest bank in Australia by market cap.
NAB’s FY2025 results reflected strong balance sheet and revenue growth, with gross loans and advances increasing 5.9% and deposits growing 7.4%. The bank paid a final dividend of 85 cents per share (100% franked) and executed A$600 million in share buybacks during the year. Net interest margin improved by 3 basis points to 1.74%, demonstrating resilience in a competitive lending environment.
NAB Financial Summary (FY2025)
| Metric | Value | YoY Change |
|---|---|---|
| Market Capitalization (Mar 2026) | ~A$148B (~US$96B) | ▲ 15.8% |
| Statutory Net Profit | A$6.76B | ▼ 1.6% |
| Cash Earnings | A$7.09B | ▼ 2.1% |
| Total Assets | ~A$1.1T | — |
| Net Interest Margin | 1.74% | ▲ 3 bps |
| CET1 Capital Ratio | 11.70% | — |
| Return on Equity | ~11.4% | — |
| Final Dividend (FY2025) | 85c/share (100% franked) | — |
| Customers | ~9 million | — |
| Employees | ~38,000 | — |
Investor Note: NAB’s FY2025 results showed resilience despite a challenging environment, with strong business lending growth of 5.8% in H2 and deposit funding improving to 84% of lending. The bank’s share buyback program returned A$600 million to shareholders, complementing the 85 cent per share final dividend. NAB’s non-performing exposures ratio stood at 1.55%, with credit impairment charges of A$833 million.
Andrew Irvine Career & Education
Andrew Irvine’s international career spans investment banking, strategy consulting, and commercial banking across three continents. Born in the United Kingdom, he began his career in London before moving to Toronto, Canada, and eventually relocating to Melbourne, Australia. His diverse experience across Credit Agricole, McKinsey & Company, and Bank of Montreal gave him a unique global perspective that he now brings to leading one of Australia’s largest financial institutions.
Career Timeline
Irvine began his career at Credit Agricole in London, working in investment banking for approximately four years. He then joined McKinsey & Company in Toronto as an Associate Principal focused on strategy consulting for financial services clients. This consulting experience gave him deep analytical skills and a broad understanding of the banking landscape.
In 2008, Irvine moved to Bank of Montreal (BMO), where he spent over 12 years in increasingly senior leadership positions. At BMO, he ultimately led the bank’s Canadian business banking division, overseeing the digitization and modernization of its commercial banking services. His experience transforming BMO’s business banking operations proved instrumental in his later success at NAB.
In 2020, Irvine joined NAB as Group Executive for Business and Private Banking, one of the bank’s most important divisions. Under his leadership, NAB’s business banking division consistently outperformed its peers, and the bank became recognized as Australia’s leading business bank. His success in this role, combined with his international perspective, made him the natural successor to Ross McEwan when the latter retired in 2024.
Education
Andrew Irvine Wiki – Age, Family & More
Andrew Francis Irvine was born in the United Kingdom and holds British-Canadian dual citizenship. His exact date of birth is not publicly disclosed, but based on his career timeline beginning around 1998, he is estimated to be approximately 50 years old as of 2026.
Irvine earned a BSc (Hons) in Business Management and Commerce from King’s College London, one of the UK’s most prestigious universities and a founding member of the Russell Group. He subsequently obtained an MBA from the Ivey Business School at Western University in Ontario, Canada — one of the world’s top business schools known for its case-based learning methodology. He also completed the Directors Education Program (ICD.D) at the Rotman School of Management at the University of Toronto, enhancing his corporate governance expertise.
Irvine is based in Melbourne, Australia with his family. He keeps his personal life private, and specific details about his spouse and children are not publicly available. He is known for his affable leadership style and frequently references his experience living and working across three continents as a source of perspective on banking innovation.
Beyond his role at NAB, Irvine serves as Chair of the Australian Banking Association (ABA) Council and is a Director of the Financial Markets Foundation for Children, reflecting his commitment to both industry leadership and philanthropy. He has spoken publicly about the transformative potential of artificial intelligence in banking and NAB’s investments in AI-powered customer service.
National Australia Bank CEO Email Address | Andrew Irvine Contact
Below are the official contact details and social media profiles for National Australia Bank CEO Andrew Irvine:
About National Australia Bank
National Australia Bank (NAB) is one of Australia’s Big Four banks and one of the largest financial institutions in the Asia-Pacific region. Headquartered at 700 Bourke Street in Melbourne’s Docklands precinct, NAB was formed in 1982 through the merger of the National Bank of Australasia (established 1858) and the Commercial Banking Company of Sydney (established 1834), giving it a combined heritage spanning nearly 200 years.
NAB provides a comprehensive range of financial products and services including personal banking, business banking, corporate and institutional banking, and wealth management. The bank serves approximately 9 million customers across Australia and New Zealand, supported by around 38,000 employees. NAB is particularly renowned as Australia’s leading business bank, holding the largest market share in business lending among the Big Four.
Listed on the Australian Securities Exchange under the ticker ASX: NAB, the bank manages approximately A$1.1 trillion in total assets and has a market capitalization of roughly A$148 billion (as of March 2026). NAB operates under the supervision of the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).
Under Andrew Irvine’s leadership, NAB has focused on its “back to basics” strategy, emphasizing customer experience, digital innovation, and sustainable lending. The bank announced executive leadership changes in February 2026, signaling continued organizational transformation under Irvine’s direction.
Frequently Asked Questions (FAQ)
Who is the current CEO of National Australia Bank?
The current Managing Director & Group CEO of National Australia Bank is Andrew Irvine. He took office on April 2, 2024, succeeding Ross McEwan, who retired after five years leading the bank. Irvine is NAB’s first British-born CEO and was previously Group Executive of Business & Private Banking at NAB.
What is Andrew Irvine’s net worth in 2026?
Andrew Irvine’s net worth is not publicly disclosed but is estimated in the range of A$10–20 million based on his career at Credit Agricole, McKinsey, Bank of Montreal, and NAB. His FY2025 total remuneration at NAB was approximately A$5.6 million.
What is the NAB CEO’s salary?
Andrew Irvine’s FY2025 total remuneration was approximately A$5.6 million (~US$3.6M), comprising A$2.5 million in fixed pay, an annual variable reward of up to 100% of fixed remuneration, and long-term incentives of up to 140% of fixed remuneration in performance rights.
What is the NAB CEO’s email address?
Andrew Irvine’s corporate email is [email protected]. NAB’s headquarters is at 700 Bourke Street, Docklands, Melbourne VIC 3008, Australia. He is also active on LinkedIn.
How old is Andrew Irvine?
Andrew Irvine’s exact age is not publicly disclosed, but he is estimated to be approximately 50 years old based on his career timeline beginning around 1998. He was born in the United Kingdom and holds British-Canadian dual citizenship.
Is NAB profitable?
Yes, NAB is highly profitable. The bank reported statutory net profit of A$6.76 billion and cash earnings of A$7.09 billion in FY2025 (year ended September 2025). It has a market capitalization of approximately A$148 billion, approximately A$1.1 trillion in total assets, and serves 9 million customers.
What was Andrew Irvine’s career before NAB?
Before joining NAB in 2020, Irvine spent over 12 years at Bank of Montreal (BMO) in Canada, where he ultimately led the bank’s Canadian business banking division. Earlier, he worked as an Associate Principal at McKinsey & Company in Toronto and as an investment banker at Credit Agricole in London.
What is NAB’s “back to basics” strategy?
Under Andrew Irvine, NAB has adopted a “back to basics” strategy that focuses on improving customer experience, strengthening the bank’s core business banking franchise, investing in digital innovation and AI, and maintaining disciplined cost management. Irvine has said his ambition is for NAB customers to love the bank “as much as they love Toyota and Bunnings.”
Article last updated: March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including ASX filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.