NAB today announced that general manager of broker distribution, Steve Kane, is set to retire from the group at the end of this week, 4 December.
Kane's career in the banking and finance industry spans over 30 years, with the past decade plus spent in various senior positions within the NAB Group.
NAB executive of home ownership, Andy Kerr, recognised the "longstanding advocate of the third-party channel" for his contributions over that time.
“Steve is well known for his passion for mortgage broking as a channel of choice for customers. Over the course of his career he has worked with brokers, regulators and industry stakeholders to advocate for positive change and continuous improvement of the sector," Kerr said.
“Steve played a key role in NAB becoming the bank behind the broker and has built a strong leadership team who will continue to support this strategically important channel for NAB.
“I would like to thank Steve for his leadership and contribution to both NAB’s third-party distribution business and the broader mortgage broking industry. We wish Steve all the best in his retirement.”
Prior to his current role at NAB, Kane was general manager of broker platforms, where he oversaw the bank’s distribution performance through aggregators PLAN Australia, Choice, and FAST; he also stood as CEO of FAST from 2006 to 2012. Earlier in his career, Kane also had a stint as president of the Mortgage and Finance Association of Australia (MFAA).
“My career in financial services has been a fantastic journey where I’ve met many amazing people who work with passion for their customers and colleagues," Kane said.
“I’ve been involved in the mortgage broking market as we know it today since its inception, and the contribution of brokers to the Australian community in making the dreams and aspirations of customers come to life is as strong as ever. To all those I’ve worked with, a big thank you and I wish you all the success in the future.”
Nicole Triandos is set to fill the vacant role on an acting basis while an internal and external recruitment process is undertaken. Triandos is currently head of strategic partnerships in Kane’s team and has "deep industry experience and expertise" across both Advantedge and NAB’s Aggregator partners.