Peacock to run NAB’s European operation
(2 November 2004 – Australia) National Australia Bank’s general manager of People & Culture Lynne Peacock is set to leave Australian shores and return to head up the bank’s European business.
Peacock will be replaced in Australia by her current European counterpart Elizabeth Hunter.
Current European head Ross Pinney is set to become executive general manager of the bank’s Chief Executive Office in Australia.
NAB chief executive John Stewart said considerable progress had been made during Peacock’s time in charge of People & Culture.
"Working closely with the board and her leadership colleagues, Lynne has also established a set of Group wide corporate principles, desired leadership behaviours, and governance processes to deliver the cultural change we require," he said.
Stewart said Peacock had also implemented the bank’s standards for performance assessment, reward determination and talent recognition and development.
"She has also worked with me to clearly define our operating model, which will have strong regional teams with clear accountabilities for performance, supported by a lean and effective customer focussed centre," Stewart said.
He said Hunter had worked closely with Peacock on the program of cultural change across the bank.
"As a member of the People & Culture Executive she has provided significant input into all the work that has been done and is therefore well placed to carry this program forward with the Group Executive team," Stewart said.
Current European head Ross Pinney is set to become executive general manager of the bank’s Chief Executive Office in Australia.
NAB chief executive John Stewart said considerable progress had been made during Peacock’s time in charge of People & Culture.
"Working closely with the board and her leadership colleagues, Lynne has also established a set of Group wide corporate principles, desired leadership behaviours, and governance processes to deliver the cultural change we require," he said.
Stewart said Peacock had also implemented the bank’s standards for performance assessment, reward determination and talent recognition and development.
"She has also worked with me to clearly define our operating model, which will have strong regional teams with clear accountabilities for performance, supported by a lean and effective customer focussed centre," Stewart said.
He said Hunter had worked closely with Peacock on the program of cultural change across the bank.
"As a member of the People & Culture Executive she has provided significant input into all the work that has been done and is therefore well placed to carry this program forward with the Group Executive team," Stewart said.
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