National Australia Bank (NAB) is bringing in a new financial leader, tapping Inder Singh to become its new Chief Financial Officer starting in March 2026. Singh, who is currently the Group CFO at QBE Insurance, is bringing over two decades of experience in the financial world with him.

Singh joined QBE back in 2015 and was promoted to CFO in 2018. During his time there, he was instrumental in guiding the insurance company through a period of transformation, all while strengthening its financial position in a global environment that’s really tightly regulated. Before QBE, he spent time in investment banking at Deutsche Bank and UBS in Australia, where he picked up a solid understanding of things like capital management, financial strategy, and navigating tricky market conditions. His career has been marked by a focus on transforming businesses and investing in new technology, which are skills that are becoming more and more crucial for banks today.

NAB CEO Andrew Irvine says Singh’s track record made him the perfect fit for the CFO job, noting his experience with managing complexity and pushing for change. “Inder has been working in a highly regulated and complicated sector. He has been heavily involved in transformation and technology investment and initiatives,” Irvine said. The appointment shows that NAB is keen on not just building a more resilient bank but also speeding up its move towards digitisation and a better experience for its customers.

Shaun Dooley will stay on as acting CFO until Singh officially starts, and then he will go back to his role as Chief Risk Officer. This careful handover is designed to keep stability and continuity in NAB’s leadership while making sure the financial strategy is in line with the bank's long-term goals.

Singh's arrival signals not only that the bank is deepening its financial expertise but also that it's getting ready for a future where banking will be shaped as much by technology and innovation as it is by financial strength. For Singh, the move means coming back to mainstream banking from the world of global insurance, where his experience and insights are expected to help shape NAB’s strategic direction in a financial landscape that's getting more complex by the day.