NAB Group has internally appointed its acting chief technology and operations officer, Matthew Lawrance, as its chief executive of MLC Super.
Lawrance will commence his role in May 2017 and will be responsible for NAB’s superannuation and investment businesses and will represent NAB on the Financial Services Council.
“We know that too many Australians don’t understand their super and don’t feel confident that they can reach their financial goals,” Lawrance said.
“I believe that the role of Australia’s largest retail super fund goes beyond just managing investments for Australians. We also have an important role to help customers to get the right help, guidance and advice so they can plan and reach their financial goals.”
NAB chief executive, Andrew Thorburn, said Lawrance’s customer focus and deep experience leading complex businesses had set him up well to lead MLC Super.
“Matt’s role will be to continue to elevate MLC Super in the Australian marketplace and to advocate for our customers and their retirement,” Thorburn said.
Lawrance joined NAB in 2005 and had been acting as chief technology and operations officer for seven months. He was previously executive general manager of wealth operations and transformation.