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NAB chief Cameron Clyne to retire

National Australia Bank chief executive Cameron Clyne will retire in August and Andrew Thorburn will take over from August 1, subject to regulatory approvals.

James Eyers | Sineva Toevai | Bianca Hartge-Hazelman
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National Australia Bank’s chief executive Cameron Clyne will retire in August and be replaced by NAB’s head of New Zealand, Andrew Thorburn.

Mr Thorburn, a dual Australian-New Zealand citizen, has been a banker for 27 years. Before assuming the NAB reins in NZ in 2008, he ran NAB’s retail bank in Australia for three years, and before that was at Commonwealth Bank of Australia and St George.

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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
Sineva Wilson is a desk editor at The Australian Financial Review. She has worked for Bloomberg and the Financial Times Group. Connect with Sineva on Twitter. Email Sineva at sineva.wilson@afr.com
Bianca Hartge-Hazelman is the author of the Financy Women’s Index and founder of the Impacter app which helps businesses with diversity, equity and inclusion. Connect with Bianca on Twitter.
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    Original URL: https://www.afr.com/companies/nab-chief-cameron-clyne-to-retire-20140403-ix8qf