July 22 (Reuters) - National Australia Bank Ltd (NAB) :
- NAB announces structure and executive leadership changes (NAB)
- Three executive leadership team members Michaela Healey, Renee Roberts And
Gavin Slater will leave
- Says "NAB's financial reporting will be reviewed in light of the revised
organisational structure"
- Business banking becomes business & private banking
- New customer facing business unit - corporate & institutional banking
- Personal banking becomes consumer banking & wealth management
- Enterprise services & transformation becomes technology & operations, will
include operating functions of non-life wealth management business
- Andrew will continue to drive sale process of life insurance business,
remains on track for completion in H2 2016
- Risk function will also include legal and governance functions of group, led
by David Gall as chief risk officer
- The changes, which are subject to regulatory approval, are effective 1 August
2016"
- Finance, people and bank of New Zealand units are largely unchanged "
News: NAB National Australia Bank announces structure and executive leadership changes
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