National Australia Bank (NAB), one of the “Big Four” Australian banks with over AU$1 trillion in total assets, was led by Ross McEwan CBE as Group Chief Executive Officer and Managing Director from December 2019 until April 2024. A New Zealand-born banker with over 40 years of experience across insurance and banking, McEwan joined NAB after a transformative tenure as CEO of Royal Bank of Scotland (RBS), where he returned the troubled lender to profitability for the first time since the 2008 financial crisis. At NAB, McEwan led the bank through the COVID-19 pandemic, simplified operations, and drove a customer-focused turnaround strategy. Since stepping down, McEwan was appointed Chairman of BHP Group, the world’s largest mining company, effective March 31, 2025.

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National Australia Bank Competitors

National Australia Bank operates in Australia’s highly concentrated banking sector. The key competitors of NAB include:

• Commonwealth Bank of Australia (CBA) – Australia’s largest bank by market capitalization
• Westpac Banking Corporation – one of the Big Four, founded in 1817
• Australia & New Zealand Banking Group (ANZ) – Big Four with strong Asia-Pacific presence
• Macquarie Group – growing retail banking and global asset management
• Bank of Queensland (BOQ) – regional banking competitor
• Bendigo and Adelaide Bank – community-focused regional challenger
• HSBC Australia – international banking competitor
• ING Australia – digital-first banking disruptor

Ross McEwan – Quick Facts

Ross McEwan Net Worth 2026 – National Australia Bank CEO Salary

As of 2026, Ross McEwan’s net worth is estimated at approximately AU$20–30 million (US$13–20 million), accumulated over a distinguished 40-year career spanning senior roles at National Mutual, AXA, Commonwealth Bank, Royal Bank of Scotland, and National Australia Bank. McEwan now serves as Chairman of BHP Group, the world’s largest mining company.

NAB CEO Compensation Breakdown (FY2023)

National Australia Bank Net Worth 2026 – Is NAB Profitable?

Yes, National Australia Bank is a highly profitable institution. NAB reported FY2025 (year ending September 30, 2025) cash earnings of AU$7.09 billion and maintained strong capital ratios. The bank’s market capitalization stands at approximately AU$148 billion as of early 2026.

NAB Financial Summary (FY2025)

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National Australia Bank CEO Email Address | Ross McEwan Contact

Below are the contact details and social media profiles for former NAB CEO Ross McEwan:

Career & Education – Company, University, & College

Ross McEwan’s career spans over four decades across insurance, retail banking, and institutional finance in New Zealand, Australia, and the United Kingdom. Below is his complete career timeline:

Ross McEwan Career Timeline

Ross McEwan began his career at National Mutual New Zealand, where he spent a decade in various roles before the company was majority acquired by AXA. He then served as CEO of AXA New Zealand from 1996 to 2002, leading the insurance business through a period of significant growth.

In 2003, McEwan moved to Commonwealth Bank of Australia (CBA) as Group Executive for Retail Banking Services, where he was responsible for CBA’s extensive retail banking network across Australia. His success at CBA caught the attention of the Royal Bank of Scotland, which recruited him in 2012 as Head of Retail Banking.

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Within a year at RBS, McEwan was promoted to Group CEO in October 2013, a critical moment as the bank was still reeling from the 2008 financial crisis and government bailout. Over six years, he led the bank’s recovery, returning it to profitability and overseeing the UK government’s gradual divestment of its stake. He was appointed Commander of the Order of the British Empire (CBE) in the 2020 New Year Honours for his services to the financial sector.

In July 2019, NAB appointed McEwan as Group CEO, and he officially started in December 2019. He led NAB through the COVID-19 pandemic and focused on simplifying the bank’s operations, improving customer service, and strengthening its digital capabilities. He stepped down on April 2, 2024, succeeded by Andrew Irvine. In March 2025, McEwan became Chairman of BHP Group, the world’s largest mining company.

Education

Ross McEwan Wiki – Age, Family, & More

Ross Maxwell McEwan CBE (age 68, born July 16, 1957) is a New Zealand-born banker and business leader. He grew up in Hastings, in the Hawke’s Bay region of New Zealand’s North Island. McEwan is married to Stephanie McEwan, whom he met while they were both students at Massey University playing basketball. Stephanie holds a degree in food technology. Together they have two adult daughters and a growing number of grandchildren.

Despite his decades in international banking, McEwan has maintained strong ties to New Zealand and owns a farm back in his home country. He is known for his down-to-earth leadership style and focus on simplifying complex banking operations to better serve customers.

Notable Achievements & Recognitions

• Commander of the British Empire (CBE) – Awarded in the 2020 New Year Honours for services to the financial sector
• RBS Turnaround – Returned Royal Bank of Scotland to profitability for the first time since the 2008 financial crisis
• NAB COVID-19 Leadership – Led NAB through the pandemic, providing AU$2 billion in customer relief measures
• BHP Chairman – Appointed Chairman of the world’s largest mining company in March 2025
• ABA Chair – Served as Chair of the Australian Banking Association, representing the industry
• ISL Distinguished Alumni – Recognized as a distinguished alumnus by the International Strategic Leadership Programme

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About National Australia Bank (NAB)

National Australia Bank Limited (branded as “nab”) is one of Australia’s “Big Four” banks and one of the largest financial institutions in the Asia-Pacific region. NAB was formed in 1982 through the merger of the National Bank of Australasia (established 1857) and the Commercial Banking Company of Sydney. Headquartered in Melbourne, Victoria, NAB provides a comprehensive range of banking, wealth management, and insurance products to approximately 9 million customers across Australia and New Zealand.

NAB is listed on the Australian Securities Exchange under the ticker symbol NAB (ASX: NAB). With total assets exceeding AU$1.1 trillion and approximately 41,880 employees, it is a systemically important financial institution. NAB’s business banking division is the largest in Australia, serving hundreds of thousands of small and medium-sized enterprises. The bank operates under the leadership of current CEO Andrew Irvine, who succeeded Ross McEwan in April 2024.

Frequently Asked Questions (FAQ)

Who is the current CEO of National Australia Bank?

The current CEO of National Australia Bank is Andrew Irvine, who was appointed Group Chief Executive Officer and Managing Director effective April 2, 2024. He succeeded Ross McEwan, who retired from executive roles after leading NAB since December 2019.

What is Ross McEwan’s net worth in 2026?

As of 2026, Ross McEwan’s net worth is estimated at approximately AU$20–30 million (US$13–20 million), accumulated through his four-decade career in senior banking and insurance roles across New Zealand, Australia, and the UK. He is now serving as Chairman of BHP Group.

What was Ross McEwan’s salary as NAB CEO?

In his final full year at NAB (FY2023, ending September 2023), Ross McEwan’s total compensation was approximately AU$6.2 million, consisting of AU$2.38 million in fixed remuneration, AU$3.75 million in variable rewards, and AU$45,643 in other benefits.

What is the email address of the NAB CEO?

Ross McEwan’s NAB email address was [email protected]. The current NAB CEO Andrew Irvine can be contacted through NAB’s corporate headquarters at 395 Bourke Street, Melbourne, VIC 3000, or via the general inquiry line at 1300 889 398.

Why did Ross McEwan leave NAB?

Ross McEwan retired from NAB in April 2024 after nearly five years as Group CEO. He announced his intention to step down in February 2024, citing a desire to retire from executive roles after a distinguished 40-year career in financial and insurance services. He subsequently became Chairman of BHP Group in March 2025.

Is National Australia Bank a profitable company?

Yes, NAB is highly profitable. In FY2025 (ending September 2025), the bank reported cash earnings of AU$7.09 billion and total revenue of approximately AU$20 billion. NAB maintains a strong CET1 capital ratio of 11.70% and paid a fully franked final dividend of 85 cents per share.

Article last updated:February 2026March 2026