National Australia Bank names Inder Singh as new CFO to drive fiscal stability and strategy

A track record of driving transformation and technology investment, aligning with NAB’s modernisation goals.

National Australia Bank (NAB) has confirmed the appointment of Inder Singh as its next Group Chief Financial Officer (CFO), effective March 2026. Singh joins the country’s largest business lender from QBE Insurance, where he has served as finance chief since 2018.

With over two decades of experience in financial services, Singh’s résumé includes senior roles in investment banking at Deutsche Bank and UBS, as well as a stint as Group M&A Director at Aviva in London.

At QBE, he rose to the group CFO position, previously holding leadership roles across financial planning, analysis, and corporate development.

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NAB CEO Andrew Irvine highlighted Singh’s strengths in regulated sectors and his experience leading transformation initiatives:

“Inder has been working in a highly regulated and complicated sector. He has … been heavily involved in transformation and technology investment and initiatives.”

Inder Singh’s arrival marks a return to stability in NAB’s finance leadership. Since CFO Nathan Goonan’s exit earlier this year (he will transition to Westpac), Shaun Dooley has served as Acting CFO. Following Singh’s appointment, Dooley will revert to his former role as Chief Risk Officer in March 2026.

Market analysts received the appointment positively. Hebe Chen of Vantage Markets remarked that Singh’s global finance track record provides much-needed reassurance to investors facing margin pressures.

What Singh Brings to NAB

  • Robust experience in regulated, complex environments, particularly in insurance and investment banking.
  • A track record of driving transformation and technology investment, aligning with NAB’s modernisation goals.
  • Cross-sector versatility—having contributed to both institutional strategy and operational finance in Australia and overseas.

As NAB navigates challenges like margin squeeze, rising regulatory complexity, and demand for tech-driven services, Singh’s appointment is a strategic bet on enhancing performance through disciplined financial leadership. With his proven execution focus and strategic insight, Singh may well shape NAB’s next chapter in customer-centric growth and innovation.

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