Promnitz joins NAB super board

20 December 2017
| By Staff |
image
image
expand image

National Australia Bank (NAB) has appointed industry veteran and chair of Australian Unity Limited, Peter Promnitz, to the board of its superannuation fund trustee, NULIS Nominees (Australia) Limited.

The company said Promnitz had been appointed as a non-executive director to NULIS which is the board responsible for NAB’s superannuation funds, including the MLC Super Fund and products such as Plum, MasterKey Super, MasterKey and Wrap.

Confirming the appointment, NULIS Nominees (Australia) Limited chair, Nicole Smith said she welcomed Promnitz to the board as someone who was highly experienced and knowleeagle with a strong background in financial services.

Promnitz will be a member of the board’s MasterKey and Plum Investment Committee and the Risk

Promnitz is chair of Australian Unity Limited and its operating subsidiaries, a non-executive director of Warakirri Asset Management Pty Ltd. He was previously Chair of ASX-listed SFG Australia Limited, CEO of Asia Pacific at Mercer, and Chairman for Australia at Marsh & McLennan Inc.

 

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 5 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 6 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND