NAB to Hire 500 More Workers in Australia
NAB will add 500 new employees to various units supporting its business across Australia, following more than 450 hires during the coronavirus pandemic.
The National Australia Bank (NAB) – one of Australia’s ‘big four’ lenders – will look to add the new roles with a focus on its business and private banking franchise, according to a statement.
«Creating new jobs, and bolstering our team to support small business is critical right now as we help businesses through the pandemic and then get the engine room of the economy firing again,» said Andrew Irvine, NAB group executive for business and private bank.
En Route to 1,000
The new 500 target follows the hire of 452 employees during the pandemic which includes 52 for the private banking arm and 400 aimed at «directly support customers experiencing difficulty during COVID-19».
«We have a long history of serving businesses and we are ambitious about helping Australia emerge from this crisis in a stronger position,» Irvine added. «This is a significant investment in new jobs and demonstrates our commitment to be the bank of choice for Australian businesses.»
Economic Focus
According to Irvine, its bankers have been focused on brighter areas in the economy despite the undoubtedly challenging headwinds driven by the coronavirus pandemic which in Australia has infected over 27,000 and claimed the lives of 894. This includes the agricultural sector where ANB lends «$1 in every $3 to Australian farmers where we have seen a surge in activity amid drought-breaking rains and higher live¬stock prices».
Irvine also highlighted research findings on top reforms needed for Australia’s economic recovery which include greater ease of hiring, harnessing of digital tools and opening procurement opportunities.
