The National's Chairman, Mr Graham Kraehe, today announced that Mr Malcolm Williamson, formerly VISA International President and CEO, will join the Principal Board of National Australia Bank.
Before moving to the United States to take up the role at VISA he was Group Chief Executive of Standard Chartered Bank for five years and prior to this was Managing Director of Girobank.
His early career included a number of senior roles at Barclays Bank.
'Malcolm's experience in both the United Kingdom and the United States leading major financial services organisations makes him a valuable addition to the National's Board,' National Chairman, Mr Graham Kraehe said.
Subject to UK regulatory approval, Mr Williamson will also join the National Australia Group Europe, Clydesdale Bank and Yorkshire Bank Boards.
'When I was appointed Chairman in February, I committed to a program of Board renewal including the acceleration of appointments of non-executive Directors with banking experience to the Board,' he said.
'Mr Williamson's appointment is an important step in that process. The next step will be the appointment of an Australian-based non-executive Director with banking experience which I expect to be able to announce soon.'