Major bank announces new non-exec director

The chair of National Australia Bank Limited (NAB), Philip Chronican, has announced the appointment of Warwick Hunt as an independent non-executive director, effective Monday, 2 December 2024.

Hunt, currently the chair of NAB subsidiary Bank of New Zealand (BNZ), will stand as a board-endorsed candidate at the NAB annual general meeting (AGM) in Melbourne on Wednesday, 18 December 2024.

He is set to replace former BNZ chair Doug McKay, who is stepping down as a director at the AGM, along with Anne Loveridge. McKay retired from the BNZ board earlier this year, while Loveridge has completed three terms of three years on the board.

Chronican said that Hunt’s nomination reflects NAB’s longstanding practice of including New Zealand representation on the board, given the importance of the New Zealand economy and BNZ’s contribution to the NAB Group.

“Warwick brings extensive experience in the leadership and governance of large professional service organisations in various international locations,” he said.

“He will complement the board composition as a chartered accountant and has practised across industries as diverse as banking, aviation, oil and gas, sovereign wealth and agriculture.”

Hunt served as managing partner of PwC UK and Europe, Middle East, and Africa until 2022.

Prior to that, he led PwC New Zealand and PwC Middle East. He was appointed to the BNZ Board in November 2022 and became chair on 1 June 2024.

Additionally, he is a director of Genesis Energy Limited in New Zealand (listed on NZX and ASX) and a Member of the New Zealand Order of Merit.

Key broker channel appointments made

This comes as NAB announced two appointments in support of brokers earlier this year.

The major bank named Anita Lindsay as the head of its Western Australian, South Australian, and Northern Territory commercial broker and equipment finance leadership team, while also appointing Alex Wellman as a business development manager (BDM) for Central and North Queensland to enhance on-the-ground broker support.

Lindsay’s appointment aimed to strengthen the bank’s commercial broker leadership team and improve the development and delivery of its broker strategy nationwide.

She said at the time that she was excited to take this next career step with the major bank and join a “dedicated team who are passionate about bringing the best of NAB to brokers and their customers”.

“I’m looking forward to hearing firsthand from brokers what their customers need and working together to provide tailored solutions to their business customers,” Lindsay said.

[RELATED: NAB reinforces its the 'bank behind the broker']

Adrian Suljanovic is a journalist at Broker Daily with more than two years experience reporting on all facets of the third party distribution channel.

Adrian has written for a range of business and finance titles including IFA, Investor Daily and Lawyer’s Weekly before joining the mortgages team in 2022.

He graduated from the University of Wollongong in 2021 gaining a Bachelor of Communication & Media with a major in Digital & Social Media.

E-mail Adrian at: This email address is being protected from spambots. You need JavaScript enabled to view it.