The National Australia Bank has appointed former Bank of New Zealand Adam Bennett as chief information officer, replacing incumbent Michelle Tredenick as part of the bank's sweeping senior executive reshuffle announced yesterday.
NAB CIO Michelle Tredenick
Bennett had worked under NAB's new chief Cameron Clyne at the Bank of New Zealand (BNZ) as its general manager banking delivery services. The new CIO, whose appointment was confirmed by an NAB spokesperson, will take over key projects previously under Tredenick's control, such as its $1 billion core banking replacement project, NextGen.
At yesterday's strategy update, Clyne said that NextGen would remain a key strategic priority over the next year, but avoided discussing appointments below Bennett's new boss, group executive of Group Business Services, Gavin Slater.
Slater had recently returned from the NAB's UK operations where he reported to Lynne Peacock. Slater also held a position on the board and was involved in the merger of its operations there as well as key telephony projects.
While other departmental executives had been locked in for some weeks now, the technology division has yet to be settled with a number of "transitions" expected to follow in coming weeks.
Slater's division will oversee technology and operations and will spearhead NAB's efforts to drive efficiencies throughout the banking group, according to an NAB spokesperson.
Tredenick is expected to make an announcement about her next move shortly, while Bennett, who is still at BNZ, is due to start the new role in April.
Today's appointment of Bennett ends Tredenick's four-year rein at the bank's top technology spot, after being appointed by recently departed chief executive, Ahmed Fahour, in 2004.