MLC Wealth appoints CRO

NAB MLC Wealth macquarie bank

10 August 2020
| By Chris Dastoor |
image
image
expand image

NAB’s wealth management arm, MLC Wealth has appointed David Clarke as chief risk officer (CRO), joining from the Queensland Investment Corporation (QIC) where he was CRO for the past seven years.

Clarke joined QIC in 2007 after four years with Macquarie Bank’s financial services group, and had also worked with Linklaters in London and Toyko, as well as Clatyon Utz in Sydney.

Geoff Lloyd, MLC Wealth chief executive, said Clarke would join a newly-formed and highly experienced MLC executive leadership team.

“While risk management is everyone’s business at MLC, we need strong and experienced leadership to ensure our enterprise risk management framework and culture is robust, fit for purpose, and enables us to meet the expectations held by all stakeholders including clients, regulators and our people,” Lloyd said.

“David has a reputation for developing great teams and industry leading approaches to how risks are managed, encompassing all aspects of operational, strategic, emerging and external risk factors.”

His appointment would commence in October.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

5 days 21 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 12 hours ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 weeks 1 day ago