Peter Kempster, the head of NAB Custodian Services, has resigned and will leave the bank early January.
International search firm Korn Ferry is assisting in finding a replacement. Kempster, who has been with NAB for 13 years, said that he felt it was time to make a change and it was good to be going out when the business was doing well. “It’s time for me to do something different,” he said. “I don’t envisage moving to another custodian … but I’ll probably end up in financial services.” Prior to his role at NAB Custody, where he took over from Tony O’Grady early last year, Kempster headed up Payments for the bank and before that the Fly-buys loyalty program. Before that he was a management consultant.
31/10/2006
prior, don’t, kempster, o’grady, resigned, envisage, loyalty, ferry, different, consultant, i’ll, january
Investments
Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.
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