NAB appoints new director to its board


NAB has announced the appointment of Ann Sherry AO to its board as a non-executive director, effective 8 November.
Sherry, who has broad experience across banking, government, infrastructure, tourism and transport, is currently an executive chairman at the cruise ship operator, Carnival Australia.
Prior to joining Carnival, she spent 12 years at Westpac where she held a number of various executive roles, including being chief executive, Westpac New Zealand, chief executive, Bank of Melbourne and group executive, people and performance.
She is also a non-executive director at Sydney Airport, The Palladium Group, Infrastructure Victoria, Australian Rugby Union, Tourism and Transport Forum, The Museum of Contemporary Art and Cape York Partnerships.
Also, she is the Australian chair of the Trans-Tasman Business Council’s ANZ Leadership Forum and was previously a non-executive director of ING Group (Amsterdam) and ING Direct (Australia).
NAB’s chairman, Ken Henry, said: “My fellow directors and I are delighted Ann has accepted our invitation to join the board.
“She brings extensive banking skills together with a deep understanding of how to drive the right culture, community engagement and challenges ahead.”
Sherry’s appointment remained subject to regulatory approval.
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.