AFTER more than five years as the head of National Australia Bank, Cameron Clyne is confident he's leaving the lender in a better place than he found it.
Mr Clyne, 46, presided over his final earnings result as NAB chief executive on Friday, announcing a record $3.15 billion first half cash profit.
While analysts were disappointed with some of the details - including a mere one per cent increase in earnings from its core Australian division - the result was a substantial improvement on NAB's position when he took the helm in 2009.
"The only thing I strove to achieve was to leave the bank in a stronger place than where it was when I started," he said.
"It's unequivocal on any metric this bank is stronger than it was five and a half years ago."
Mr Clyne ascending to the role during the fallout of the GFC, inheriting a string of issues, especially with the bank's troubled UK operations.
In his first six months at the helm, the bank suffered a bad debts charge of $1.8 billion, which fell to $528 million in the latest result.
Morningstar analyst David Ellis said Mr Clyne had driven a significant turnaround in the bank's performance and culture.
"The bank is significantly less risky than it was five years ago, that is a key achievement" he said.
"In the 20 years before Cameron Clyne was appointed CEO, NAB went through a long period of sub-par performance with embarrassing missteps, but since he started there has been no nasty surprises and that's a positive."
Mr Clyne caught market watchers by surprise in April, announcing he would retire at the end of July to spend more time with his family.
"I'd like to be married longer than I am CEO," he said at the time.
"It's not a done deal yet, but this is helping."
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