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John Stewart, Group Chief Executive Officer, NAB, Major Lunch, February 27, 2008

John Stewart, Group Chief Executive Officer, NAB, was interviewed by Ross Greenwood, Business and Finance Editor, Nine Network, in front of 600 business executives in Sydney. He discussed a broad range of topics including leadership, culture, managing a turnaround and the state of Australia’s financial services sector.

National Australia Bank is one of Australia’s 20 largest companies with a market capitalisation of $63 billion. Yet a few short years ago it found itself besieged by a foreign exchange trading scandal, a fractious board and an executive that had lost its way.

In stepped John Stewart, who was appointed Group Chief Executive Officer in February 2004. In this time, he has led a major turnaround of the organisation, with a particular focus on developing its executive talent and culture and setting the forward growth strategy. Since John took up the Group CEO position, NAB’s market capitalisation has risen by 60%.

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Photography by Ingrid Shakenovsky [ingshak@bigpond.net.au]

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