NAB appoints non-executive director
The National Australia Bank (NAB) has appointed Kathryn Fagg as a non-executive director, effective from 16 December, 2019 and subject to regulatory approval.
Fagg had been a board member of the Reserve Bank of Australia (RBA) and was currently chairperson of Boral Limited and a non-executive director of Djerriwarrh Investments.
She was also a non-executive director of Incitec Pivot and would retire at the conclusion of their annual general meeting on 20 December, 2019.
“I believe a strong banking system is essential for our nation’s economic wellbeing and I look forward to bringing my knowledge and experience from multiple sectors, including banking, to address the challenges and opportunities for NAB [to] earn the trust and respect of its shareholders, customers, employees and the broader community,” Fagg said.
Fagg was appointed an Officer of the Order of Australia (AO) in the 2019 Queen’s Birthday Honours for distinguished service to business and finance, central banking, logistics and manufacturing sectors and to women.
She was also chairperson of the Breast Cancer Network Australia (BCNA), a board member of the Grattan Institute, The Myer Foundation, Male Champions of Change, and was a former president of Chief Executive Women.
AUTHOR
Chris Dastoor
Recommended for you
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renewal process.
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
