National Australia Bank's financial advisory arm is getting a new chief. The bank yesterday announced the appointment of Tim Steele as general manager, NAB Financial Planning. He will join the bank in the first week of April.
Steele replaces Paul Fog whom NAB said "moves into a broader role within NAB Wealth to further the important work on bringing the bank and wealth parts of the NAB group closer together."
Tim_Steele_NAB_24March2016
He leaves AMP-aligned wealth businesses ipac & Genesys where he was managing director since early 2013.
Steele led AMP Horizons, one of the group's many planning entities, as a director for five years before shifting to ipac.
This earlier job was highlighted by NAB in a media release, saying Steele "led AMP Horizons … where it became a strategically significant business unit recruiting and developing over 500 planners through the AMP Horizons Academy and established Horizons Financial Group."
"Throughout his career Tim has demonstrated a track record of leading large teams to help advisers grow and develop their businesses, and provide customers with high quality financial advice and an exceptional experience," Greg Miller, NAB's executive general manager for wealth advice enthused in the release.
Steele recently completed the Advanced Management Program at Harvard Business School, NAB said.