Cicutto joined the National Australia Bank in 1967 as a 17-year-old and was employed by the bank for 37 years, leaving as
chief executive officer in 2004. He held multiple executive positions in the company, including executive vice president for the Americas in 1988, chief executive officer of
Clydesdale Bank from 1994 to 1996 and as chief general manager for Australian financial services from 1996 to 1998. In 1998, Cicutto was appointed to the board of directors as
chief operating officer, before being elected chief executive officer the following year. He resigned from National Australia Bank in 2004, amid the controversial
foreign currency trading scandal, which involved losses of covered up by NAB options traders. Cicutto was the
chair of the
Australian Bankers' Association from 1999 to 2001. He also chaired property management company Run Corp from 2005 to 2007, with his resignation resulting from the company having experienced heavy losses during the tenure. ==Personal life and death==