National Australia Bank (NAB) has announced executive leadership changes, with long‑serving group executive Shaun Dooley (pictured left) planning to retire and incoming finance chief Inder Singh (pictured right) set to start in March.
Dooley, a 33‑year veteran of the bank, has been group chief risk officer (CRO) since October 2018 and was appointed acting group chief financial officer (CFO) on 18 March 2025.
NAB said Dooley intends to retire by the end of 2026. He will continue as CRO while the bank recruits his successor, ensuring continuity in a key control role.
As group CRO, Dooley has led the risk function across the NAB Group, heading a team of specialist risk professionals providing review and challenge, advice, and guidance on financial and non‑financial risks to all business and enterprise units. Before this, he served as NAB Group treasurer, managing the bank’s capital, funding, liquidity and balance sheet risk across Australia and offshore operations.
Dooley has also headed NAB’s institutional banking, corporate finance, and financial institutions teams, overseeing strategic projects to expand the bank’s footprint and capability and deepen global relationships with financial institutions. He joined NAB in 1992 as a relationship banker in corporate banking after roles at Chase Manhattan Bank Australia and Elders Finance Group, and holds a Bachelor of Economics from Monash University and a Master of Science in Risk Management from NYU Stern School of Business.
NAB Group CEO Andrew Irvine praised Dooley’s contribution, saying: “Shaun has been an outstanding contributor to NAB and banking. He is a highly respected industry leader who will be deeply missed at NAB.”
Singh, announced in August 2025 as NAB’s next group CFO and group executive, strategy, will join the bank on 2 March. Once Singh steps into the CFO role, Dooley will focus solely on the CRO position during the transition period. Singh joins NAB from QBE Insurance Group, where he has been CFO since 2018, and previously spent significant time in investment banking at Deutsche Bank and UBS in Australia and overseas, advising on bank strategy, mergers and acquisitions, and capital structures.
Irvine said the planned handover is part of NAB’s broader leadership evolution.
“Shaun’s decision allows us to plan for a smooth transition as we continue to evolve our senior executive team to drive greater customer focus and business growth. We look forward to Inder starting as Group CFO. He is a high calibre executive who joins our bank at an exciting time for NAB,” he said.
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