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NAB Asset Servicing appoints head of investment services
NAB Asset Servicing has appointed Naresh Subramaniam to the client delivery team as head of investment services.
The role, which focuses on investment administration, will involve supporting the delivery of NAB's Performance and Risk Analytics system, designed to enhance the data the team can provide to clients.
Subramaniam has over two decades of experience in the funds management space, most recently as head of investment operations for Victorian Funds Management Corporation for six years.
He has also developed analytics to generate new business, segment members and employers and support the expansion of UniSuper's product suite as its marketing services manager and product development manager.
NAB Asset Servicing's general manager of client delivery Suzanne Smith said Subramaniam's client-focused approach would help the team continue its focus on client-centred delivery.
"Naresh's experience as a client of NAB Asset Servicing will ensure a strong client focus as we expand our capability in investment administration and middle office services.
"Our business' goal is to leverage our existing strength as the market's leading and only truly local player, whilst adding to that best-of breed capability from key partners around the globe," she said.
Subramaniam commences with the team on 15 October.
NAB Asset Servicing has experienced phenomenal growth over the past 12 months.
The Australian Custodial Services Association said in May that as of February this year NAB Asset Servicing was the largest player in the Australian custody landscape. It has since picked up a number of new clients, including HIP and Suncorp Group New Zealand, while retaining some other clients including Medibank and Telstra Super.
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