Former State Street strategy head joins NAB AM
NAB Asset Management has announced that former State Street Global Adviser head of strategy, Bernard Reilly, will join the leadership team.
Reilly has been appointed to the newly created position of chief operating officer, and will provide direction on strategic and operational initiatives.
NAB Asset Management executive general manager, Garry Mulcahy, welcomed Reilly's appointment, noting the former State Street executive's 24-year experience.
"Throughout his career Bernard has focused on driving and implementing effective business strategy, and we look forward to benefiting from his broad global experience and insights," Mulcahy said.
Speaking of his appointment Reilly said: "The NAB Asset Management team already has a significant footprint in the Australia funds management industry through its investment management and asset consulting capabilities, and I'm looking forward to helping the business take the next step in its evolution."
Recommended for you
Bennelong Funds Management has signed a memorandum of understanding with US private credit manager Monroe Capital to distribute its products in Australia.
Global equity manager Talaria Capital has appointed a Sydney-based sales director as it grows its distribution presence across Australia.
Global private markets firm Partners Group has launched an evergreen fund to provide Australian advisers with access to its cross-sector royalties strategy.
Franklin Templeton has reduced fees for two of its Brandywine fixed income funds and enacted a name change for its Global Income Optimiser fund.
