NAB names new wealth advice exec

Mr Miller, who had been acting in the role following the departure of John Flavell in January 2015, has now been named as his permanent replacement.

NAB Wealth group executive and MLC chief executive, Andrew Hagger, said Mr Miller is well respected both within NAB and throughout the advice industry.

“His extensive knowledge of our business and the industry means he is best placed to deliver for our customers and advisers," Mr Hagger said.

“We are part of a constantly evolving industry. Advice needs are changing and we need to continue to strengthen our business to ensure more Australians are receiving the financial advice they need to protect and growth their wealth."

Commenting on his appointment, Mr Miller said: “I am excited to lead a strong business that is well placed to support the ongoing financial needs of Australians.”

Mr Miller has held a number of positions at NAB, including leading MLC's self-employed licensees and the formation of MLC Direct in 2011.