NAB appoints COO

NAB/ross-mcewan/

2 December 2020
| By Chris Dastoor |
image
image image
expand image

The National Australia Bank (NAB) has appointed Les Matheson as chief operating officer (COO), responsible for UBank, group marketing, corporate affairs and other strategic initiatives.

Matheson would join on 11 January, 2021, subject to regulatory approvals.

He was previously chief executive for the Royal Bank of Scotland (RBS) until September this year.

Matheson had held senior executive banking roles in the UK and Asia Pacific, including Citigroup’s country officer for Australia and retail chief executive for Australia.

Ross McEwan, NAB chief executive, said: “During our time working together in the UK, he demonstrated his deep knowledge of what it means to really deliver for customers and colleagues.

“This experience and the strong leadership Les brings will be important as we look to grow our bank safely and earn the trust and respect of customers and the broader community.”

Matheson said: “This is a terrific opportunity to work with Ross and his team to deliver on NAB’s refreshed strategy and ambition to serve customers well and help our communities prosper”.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

2 weeks ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

3 weeks 2 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

4 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo