NAB has custody of Suncorp 02 July 2012New Zealand Reporter: Georgina Lavers
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National Australia Bank (NAB) Asset Servicing has been mandated to provide custody for Suncorp Group New Zealand.??
The mandate was awarded to NAB Asset Servicing in partnership with specialist fund administration provider MMc.
“MMc were able to lift out and reengineer the back office for Suncorp New Zealand, whilst NAB provided a domestic and global custody solution,” said Peter Hele, managing director, product and strategic alliances, NAB Asset Servicing.
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