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Cameron Clyne, the new chief executive of NAB is focused on NAB's shareholders and will move to Sydney to be closer to many of the big shareholders. "I have one clear, unambiguous goal and that is to improve total shareholder return of the group," Clyne says. He has convinced the NAB board to base the CEO's office in Sydney for the first time, rather than in Melbourne. Clyne says there have been some "question marks" over NAB strategy in the past and that he would be striving to set a clear direction. "There is confusion among some shareholders over what NAB stands for and where it is going," he says.
