NAB Private Wealth expands team
National Australia Bank (NAB) Private Wealth has expanded its capabilities in Australia, snatching talent from international banks.
Former head of private wealth management division at Deutsche Bank in Australia, Michael Parsons, has been appointed general manager for NSW and ACT, with Anna McCreery from Credit Suisse joining his team.
Parsons moved to NAB from boutique wealth manager First Unity, where he was managing director. He has previously worked with private clients at BT before becoming Invesco chief executive officer for Australia and New Zealand and moving onto Deutsche Bank.
McCreery has been appointed head of private clients at NAB Private Wealth, having moved from Credit Suisse Private Bank AG Australia, where she was a market leader. She began her career at Citibank investment bank and was posted to Singapore.
McCreery also managed client portfolios at Prudential Private Bank in Singapore, before moving to UBS Wealth Management AG Singapore.
Executive general manager of NAB Private Wealth, Angela Mentis, said Parsons and McCreery had extremely diverse backgrounds.
“Our clients are increasingly seeking this diversity of experience from their relationship managers and advisers, and between them Michael and Anna bring unique skills that our clients value highly,” Mentis said.
Recommended for you
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
