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Industry news

NAB makes two senior appointments


29 January 2014 Sydney
Reporter: Daniel Jackson

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Image: Shutterstock
National Australia Bank is making two new senior appointments in its asset servicing business.

NAB’s asset servicing unit is the largest custodian in the Australian market with $540 billion in assets under custody and administration for Australian investors.

Lachlan Allardice has been appointed to the role of head of funds management and sub custody. In this role, Lachlan will have responsibility for all fund manager and insurance relationships as well as NAB’s existing sub custody client relationships.

Allardice has more than 15 years experience in the asset servicing industry, the past five of which include senior sales and relationship management roles with Australia and New Zealand Banking Group and J.P. Morgan.

Anthony Jamour is expanding the remit of his current relationship management role at NAB Asset Servicing with his appointment to the role of head of funds management and insurance. He will have responsibility for the significant portfolio of fund management and insurance clients in that region.

Jamour has 20 years experience in the asset servicing industry, having worked for BNP Paribas, AMP and Westpac prior to joining NAB five years ago.

Jamour and Allardice will work closely together as NAB continues to strengthen its capabilities in funds management and insurance sectors through enhancement of the product and service offering to its clients.
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