NAB names Andrew Hagger JBWere chairman

NAB names Andrew Hagger JBWere chairman

NAB group executive for wealth Andrew Hagger has been appointed as the chairman of the bank's private wealth management arm, JBWere.


The appointment of Mr Hagger comes after NAB announced a restructure of its private banking business on 8 April 2016.

The restructure will see NAB private banking clients referred to JBWere.

NAB chief executive Andrew Thorburn said: "I am delighted to appoint Andrew to this role. His expertise and counsel, including his deep knowledge of this business and the wealth sector, will serve the board well."

For his part, Mr Hagger said he felt "privileged" to move into the chairman's role.

"We know there is real desire for expert wealth management advice amongst high net worth clients, but this market is largely underserviced," Mr Hagger said.

"Our new high net worth wealth business model is designed to meet that need and forge a new way forward for private wealth advice," he said.

Read more:

Overseas investors overweight Aussie equities 

Future Fund increases cash holding to 23%

Energy Super chooses Decimal for robo-advice

OPEC 'freeze' failure puts oil price at risk 

RI Advice CEO moves roles within ANZ

Related Articles

 

NAB names Andrew Hagger JBWere chairman
investordaily image
ID logo
promoted stories

Appointments

Matt Brown

Australian Unity hires former ANZ Wealth exec

Reporter

Deanne Stewart

First State Super announces new CEO

Reporter

Chris Wu

T Rowe Price appoints investment analyst

Reporter

Analysis

investordaily image

Corporate governance and advocacy in China

Therese Niklasson

Dug Higgins

The shifting LIC landscape

Dug Higgins

investordaily image

The perils of chasing niche infrastructure

Frithjof van Zyp