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NAB unveils new executive team

NAB unveils new executive team

(26 August 2004 – Australia) National Australia Bank has taken the wraps off its new executive team with John Hooper named as head of Institutional Markets & Services (IM&S), the global business of the former Corporate & Institutional Banking division. Ian MacDonald replaces Ian Crouch as chief information officer on the new executive committee. Crouch will leave NAB in September.

"I am pleased to confirm that Mr John Hooper has been appointed executive general manager, Institutional Markets & Services, and will be a key member of the new executive committee," NAB chief executive John Stewart said.

"John is an experienced institutional banker and proved to be the best candidate during the recruitment process."

Stewart said the bank’s corporate banking, custodian service and transactional services business would all be integrated within each region, reporting to the regional heads in Australia, New Zealand and Europe.

He said MacDonald, who is currently executive general manager of Financial Services Australia (FSA) would bring an operational perspective to the development and implementation technology within the National.

"This move is in line with the appointment of other experienced business managers to key functional leadership roles, such as Lynne Peacock, executive general manger, People & Culture.

"Ian will begin the new role immediately but progressively hand over his FSA responsibilities to Ahmed Fahour. This will ensure continuity until the new regional leadership team is finalised," Stewart said.
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