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NAB Asset Servicing retain Maritime Super
National Australia Bank's custody business, NAB Asset Servicing has reasserted itself in the superannuation custody space by being reappointed to provide custodial and investment administrative services to Maritime Super for a further three years.
NAB Asset Servicing's reappointment by Maritime Super ends a run of mandate changes over the past seven months which saw it lose four clients to competitors.
NAB Asset Servicing executive general manager, Matthew Brown, said the reappointment was further validation of the consistency and quality of services his company provided as well as its broader strategic objective to further develop its franchise-wide relationships across the NAB with its clients.
"The NAB has developed a strong operational and strategic partnership with Maritime Super, and we are delighted that they have chosen NAB Asset Servicing to continue to support them into the future.
Commenting on the renewal of the mandate, Maritime Super chief executive, Peter Robertson noted the long-standing nature of the relationship and NAB Asset Servicing's local expertise.
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