Citi appoints head of retail bank and wealth management

Citi-Australia/NAB/

1 April 2022
| By Liam Cormican |
image
image image
expand image

Citi Australia has appointed Hannah Oakhill as head of retail banking and wealth management, as the business enters a pivotal stage in its transition to NAB.

Oakhill joined the business from BT where she led distribution and customer experience for BT’s direct wealth business. She had more than 20 years’ experience in financial services, including roles at Westpac and Macquarie, and had broad knowledge across banking, mortgages, wealth management, life insurance and credit cards.

Chief executive of Citi Australia’s consumer bank, Alan Machet, said he was confident Oakhill was the right person to join Citi’s consumer leadership team at an important time of transition.

“I am thrilled to welcome Hannah to our business, where she will lead our retail bank and wealth functions as we enter a crucial stage in our transition to NAB,” he said

“I worked with Hannah during my time at Macquarie and Westpac and know her to be a people-first leader who focuses on delivery and strives for business outperformance.

Commenting on joining Citi Australia, Oakhill said: “I am delighted to be joining such a strong performing business, which is underpinned by a widely-held customer-first approach.

“I am looking forward to working with NAB on the transition of the Citi retail banking and wealth management businesses and will be heavily focused on the customer migration strategy and supporting the team as they move across into NAB.”

Prior to Oakhill’s appointment, Richard Wilde was the acting head of Citi Australia’s retail bank and wealth management function and he had now returned to his role as head of digital, delivery and client experience.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3