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Reuters
Reuters
Business
Paulina Duran and Byron Kaye

Australia's NAB turns to RBS turnaround man Ross McEwan as CEO

FILE PHOTO: Royal Bank of Scotland chief executive Ross McEwan is seen outside Downing Street in London, Britain March 20, 2019. REUTERS/Hannah McKay

SYDNEY (Reuters) - National Australia Bank Ltd <NAB.AX> has hired the man credited with turning around Royal Bank of Scotland <RBS.L> as its new chief executive, as it moves on from the abrupt departure of its leaders this year in the fallout of a misconduct inquiry.

New Zealand national Ross McEwan, 62, is the outgoing CEO of Britain's RBS and has also held senior roles at Commonwealth Bank of Australia <CBA.AX>. He joins NAB as the No. 4 bank and its peers fight to win back customer trust after damaging findings at the Royal Commission inquiry into the financial sector.

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