Former NSW premier Mike Baird has been put in charge of restoring National Australia Bank's reputation and represents a new breed of popular, well-known leader, well-placed to rebuild public trust, recruiters say.
Mr Baird, who Mr Thorburn recruited last April, became the short-priced favourite to succeed Andrew Thorburn as CEO of NAB on Monday, following the shock departures of top executives Andrew Hagger and Antony Cahill, who were both considered to be in the running to take the top job.
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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
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
