NAB takes next step in our business transformation



At its 2017 Full Year Result, NAB’s CEO Andrew Thorburn announced that, over the next three years, NAB would be reshaping its workforce for the future. As part of the changes, 6000 people would be leaving the bank, with 2000 new roles being created.

NAB’s Chief People Officer, Lorraine Murphy, today told NAB’s people that the next phase in transforming our business is underway, as part of a three year process. The proposed new structure will reduce the layers and complexity in the bank so that we can be simpler, make decisions faster and be even closer to our customers.

“We said we would provide the utmost care and respect for all of our people. This remains our priority.

“We will acknowledge the contribution that people who are leaving us have made. We will show through our actions that we care. For people who do ultimately leave us through redundancy, they will have access to world-class support to help them prepare for future success via The Bridge program.

“There is no doubt that this is the right plan for our business. I encourage you to ensure that all of our people understand the changes and are supported, and that those who remain with us can deliver the type of bank we have promised our customers – a simpler, faster bank.”

NAB’s people have the opportunity to provide feedback about the proposed changes and explore deployment opportunities.

For further information about The Bridge please see:

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