JBWere names new Chair

Andrew Hagger, group executive of NAB Wealth, has been appointed as the new chair of JBWere. He replaces former NAB group executive, finance and strategy, Craig Drummond.

In a statement from NAB, CEO Andrew Thorburn said: "I am delighted to appoint Andrew to this role. His expertise and counsel, including his deep knowledge of this business and the wealth sector, will serve the Board well."

Hagger joined NAB in 2008 to lead the Private & Institutional Wealth business and has since held a number of senior roles in the bank, including executive general manager of MLC & NAB Wealth's insurance business and group executive people, marketing & communications. Currently, he is both the group executive, Wealth, and the CEO of MLC, and is responsible for NAB's asset management, superannuation, investments, wealth advice and insurance businesses.

Commenting on his appointment, Hagger said: "I am looking forward to working with the Board and the high-calibre management team, led by CEO Justin Greiner, to continue to advance JBWere's preeminent position as an innovator in financial services."