NAB asset servicing adds firepower to US with Brian Keogh
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NAB asset servicing adds firepower to US with Brian Keogh 07 November 2012New York Reporter: Georgina Lavers
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National Australia Bank’s asset servicing division will move Brian Keogh to New York responsible for clients and new business opportunities outside of Australia and New Zealand.
Brian Keogh, currently the general manager of sales, relationships & FMS will take on a new role as general manager, international, asset servicing, based in the US.
Leigh Watson, executive general manager of NAB Asset Servicing said: “The expansion of asset servicing’s international footprint will enable us to grow our offshore sub-custody business and also work with our global strategic partners more actively to maximise growth opportunities for our Australian clients.”
“The flow of investment into Australian assets has increased significantly in recent times and having a senior resource on the ground in the US will position us much more effectively to capture the custody and related opportunities associated with this increased investment.”
“BNY Mellon and Brown Brothers Harriman are two key partners of our business and both are based in New York. The new role will enable us to manage these relationships more actively to help identify product leverage opportunities for our Australian client base.”
Keogh will also assume responsibility for NAB’s relationships with other US based custody banks within the broader NAB Financial Institutions Group. John Comito, executive general manager of FIG & International said:
“Having an asset servicing specialist on the ground in New York will add further fire-power to our existing product partner representation in the US. Brian Keogh’s deep experience in the asset servicing industry will be a huge advantage in dealing with our clients in the northern hemisphere where custody is an important part of their business needs”.
Watson added: “NAB forecasts significant growth in the wealth management and superannuation industry in the coming years. It is a very exciting time for the custody sector and absolutely the right time for us to be expanding our global footprint.”
Brian Keogh will start in his new role in New York on 3 December. He will be replaced in Australia by Boyd Lees as general manager of business development, who will be responsible for all Australian based sales and client relationships.
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