Ross McEwan will take over as NAB CEO no later than April 2020, but it's difficult to see how he can change the bank's profitability problems.
Rakesh Tummala is a senior analyst at Intelligent Investor (under AFSL 282288), owned by InvestSMART Group Limited. Rakesh started his career as junior analyst at Intelligent Investor. He since had roles as bank and insurance analyst, and rejoined the team in 2018. Rakesh covers financial services including banks and insurers. He has degrees in finance and economics from UNSW. To unlock Intelligent Investor stock research and buy recommendations, take out a 15-day free membership. |