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Why NAB is taking a leaf out of CBA’s book

Andrew Irvine is borrowing from Matt Comyn’s successful strategy of creating a virtuous flywheel in consumer banking.

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When Andrew Irvine took the job as NAB chief executive, he probably didn’t expect that he would spend the morning of his first full-year profit announcement answering questions about a certain orange-hued politician 16,000 kilometres away.

But after playing a straight bat to a string of questions about Donald Trump – “It’s good for the world when America is strong, that’s unambiguous” – Irvine sold a bit of hope about NAB’s numbers for the year ended September 30.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/why-nab-is-taking-a-leaf-out-of-cba-s-book-20241107-p5kosi