NAB names new chief executive
NAB Group CEO and managing director Cameron Clyne has announced he will leave the post in August this year, explaining that the job had taken a "personal toll".
In a statement to the ASX this morning, NAB chairman Michael Chaney announced that Mr Clyne will be replaced by Bank of New Zealand executive Andrew Thorburn, who will take up the reins of the banking group subject to regulatory approval.
"We have built a strong foundation for future growth with the revitilisation of the personal bank, grown our already strong position in business banking, and achieved material improvements in our customer satisfaction and reputation," the outgoing CEO said.
"We have also worked methodically through our legacy issues while still making transformational change in our technology."
Mr Chaney said NAB is "well positioned for the future" as a result of Cameron Clyne's tenure, describing the outgoing boss as "highly regarded throughout the bank and externally".
Advice practices are ‘in a buyers’ market’: AZ NGA
Advice businesses are currently in a buyers’ market for the first time in Aust...
OneVue onboards Calastone automated reporting solution
Registry provider OneVue has joined Calastone’s reporting solution, enabling i...
Madison Financial Group undergoes rebrand
Dealer group Madison Financial Group has undergone a rebrand to Sargon Adviser S...