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McEwan’s fine balancing act turns NAB into banking powerhouse

McEwan’s fine balancing act turns NAB into banking powerhouse

The National Australia Bank boss has fixed its retail mortgage business and invested in technology to give it good growth options in to 2023 and beyond.

Ayesha de KretserSenior reporter

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National Australia Bank boss Ross McEwan kicked off 2022 by calling on everyone to get back to the office and closed it out by stumping up $6 billion to house people closer to where they worked, with plans for NAB to more than triple its investment in affordable housing.

Seamlessly assuming the mantle of banking industry mouthpiece during the COVID-19 pandemic, McEwan’s undeniable enthusiasm for reviving CBDs across the country has made him a champion for small business, helping to earn him a place on The Australian Financial Review Business Person of the Year list.

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Ayesha de Kretser
Ayesha de KretserSenior reporterAyesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au

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Original URL: https://www.afr.com/work-and-careers/leaders/mcewan-s-fine-balancing-act-turns-nab-into-banking-powerhouse-20221213-p5c5xz