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Andrew Thorburn

Andrew Thorburn, a 40under40 winner in 2002, was named as the new CEO of National Australia Bank in April 2014, having served six years as managing director and CEO of BNZ in October 2008. Prior to joining BNZ, Andrew was head of retail banking at NAB from 2005. Beginning his career as an economist at Marac Holdings in Auckland, Andrew has held senior management positions at ASB, St George Bank and Commonwealth Bank, where he was WA state manager when he won his 40under40 award. He has also been chairing NAB subsidiary Great Western Bank, located in South Dakota, USA. Andrew holds a Bachelor of Commerce (Economics) from University of Auckland, a Diploma in Marketing from Chartered Institute of Marketing UK, and an MBA from the University of Durham UK. He has also completed The Executive Programme (TEP) at Darden Business School, University of Virginia.
Bio last updated 02 Mar 2019

Article Timeline

Positions - Previous

PositionCompanyYearCompany's current rankWA staff
Group Chief Executive Officer (since 2014)
National Australia Bank
National Australia Bank
2005 - 20198
Head of Retail Banking
National Australia Bank
National Australia Bank
2005 - 20088
State Manager, WA
Commonwealth Bank of Australia
Commonwealth Bank of Australia
2002 - 20054

Directors Interests

CompanyDateTransaction typeNumber of sharesPrice per shareTransaction valueNature of change
National Australia Bank26 Nov 2014Bought10,000$32.36$323,608On-market trade
National Australia Bank07 Nov 2014Bought11,348$33.22$376,981OtherConversion of securities
National Australia Bank07 Nov 2014Other11,348$33.22$376,981OtherConversion of securities: 135,098 - Performance Rights.
Source: Morningstar

Total Shareholder Return as at 30/04/19

1 year TSR5 year TSR
181stLendlease17%20%
208thANZ Banking Group9%14%
301stWestpac-2%13%
321stNational Australia Bank-6%0%
345thQantas-9%19%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

6th↑Westpac$21,642.0m
7th-ANZ Banking Group$21,071.0m
8th-National Australia Bank$19,101.0m
9th-Qantas$16,200.0m
10th-Lendlease$15,350.3m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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