Mr Baird joined NAB in 2017 to lead the corporate and institutional bank, just six weeks after leaving politics. He took on the consumer banking role in late 2018.
“Mike has been a tremendous leader, challenger of convention and staunch advocate for customers in his time at NAB,” said group CEO Ross McEwan.
“He has always spoken up for doing the right thing and been a voice for the broader community.”
Mr Baird said he had experienced three rewarding years working with former NAB CEO Andrew Thorburn, Mr McEwan and the board through one of the most challenging and disruptive periods for Australian banks.
“I have thoroughly enjoyed working with Ross and I know the cultural and structural changes being considered will be strong foundations for NAB’s future,” Mr Baird said.
“I have an open mind about what I will do next and will use the time to determine where I believe I can make the best, most fulfilling contribution to business and the wider community.”
Anthony Waldron, an executive general manager in Mr Baird’s team, will act as chief customer officer – consumer banking while NAB searches for a permanent replacement.
