The incoming chairman of National Australia Bank, Ian Saines, is ready to navigate more difficult economic conditions and prepare the bank for a more uncertain future when he takes the reins from industry veteran Phil Chronican next year.
Saines, a former senior executive of Challenger and Commonwealth Bank, has been a director of Macquarie Bank since 2022. He has retired from that position and will join the NAB board in March before taking over from Chronican as chairman in July.
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