NAB loses another senior executive
National Australia Bank (NAB) has announced another senior executive departure – this time Chief People Officer, Lorraine Murphy.
The banking group announced to the Australian Securities Exchange (ASX) today that Murphy had decided to leave the organisation after having joined NAB in March, 2016.
It said that NAB’s current Customer Executive Regional and Agribusiness, former Westpac executive, Julie Rynski would assume the role while a global search was undertaken for a permanent replacement.
Confirming the departure, NAB acting chief executive and chairman successor, Philip Chronican said Murphy had led the People function through a challenging period and brought a useful external perspective on changing bank culture.
Murphy said she had enjoyed her time at NAB and had reached “a useful point of reflection to consider other roles”.
“It is important for the incoming chief executive to have members of their leadership team who are utterly committed to the coming years,” she said.
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
