In the wake of a number of recent controversies, National Australia Bank (NAB) has appointed a new group chief risk officer.
The big banking group announced today that it had appointed the Hong Kong-based chief executive officer of its nabAsia group, Bruce Munro, to the group chief risk officer role.
Announcing the move, NAB’s chief executive, John Stewart, said Munro had a successful track record in dealing with a broad range of sophisticated products and financial instruments.
Munro succeeds NAB’s current group chief risk officer, Michal Hamar, who will retire in January next year, and will work alongside Hamar from the beginning of next month.
