Key risk appointment at NAB

chief-executive-officer/national-australia-bank/chief-executive/

4 September 2008
| By Mike Taylor |

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.

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 5 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 1 day 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 4 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