17/05/2021

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NAB’s McEwan raids Westpac ranks for digital talent – Finance – Strategy – Cloud – Hardware – Software

Countrywide Australia Lender main executive Ross McEwan has wasted little time raiding his rivals for talent to bolster the institution’s senior tech ranks, luring the electronic lead of Westpac’s business lender, Quentin Boyes as a raft of IT management positions open up throughout the money sector.

Though an formal announcement of Boyes’ using the services of is still to be designed, it is recognized McEwan has been scouting for new talent to re-energise the NAB’s technologies transformation and raise its on the net trustworthiness as rivals muscle mass in its sizeable business banking patch.

NAB on Friday was beset by yet another outage, this time hitting its business banking facility NAB Link, stranding some organizations making an attempt to thrust through stop of thirty day period transactions.

The incidence of outages has come to be a issue of keen fascination for the Reserve Lender of Australia which has explained it will quickly publicly record  not just the amount and severity of outages, but attribute them to establishments.

The central lender and payments process watchdog has come to be progressively anxious about the basic point out of resilience of banking IT units that underpin payments because of the expanding dominance of electronic and electronic channels.

Westpac and NAB have for many years been fierce rivals in business banking expert services which extend throughout payments processing and transactional accounts for retailers and government companies.

On the other hand more than the final two many years the Commonwealth Lender has adopted a decidedly extra assertive posture in business expert services by trying to get to use its actual-time core to snap-up business keen on more quickly settlements and dollars stream.

Like McEwan – who was the head of CBA’s retail lender just before departing to helm the Royal Lender of Scotland following Ian Narev was appointed CBA’s CEO – Boyes is also a CBA veteran putting in 12 many years there until finally he headed to Westpac in 2016.

Boyes’ existing part is as basic supervisor for assistance and electronic transformation at Westpac’s business lender.

McEwan’s poaching of Boyes has fuelled speculation that NAB will quickly recalibrate its in general tech strategy to extra closely mirror the priorities of the not long ago appointed CEO.

In September final yr NAB shed its outspoken main cloud evangelist and executive basic supervisor for business enabling technologies, Yuri Misnik.

Considering that then the establishment has declared it intends to be “100 p.c in the cloud”.

Boyes’ move arrives amidst a raft of other senior technologist job alterations that will have executive head hunters licking their lips.

Previous week the CBA shed its main electronic officer, and veteran journeyman Pete Steel. Also on the move is hugely regarded former RBA CIO Sarv Girn who final week left lifestyle insurer MLC Daily life.

Meanwhile Westpac currently has a part open for a “Head of Team Engineering Enablement” it suggests is desired to assistance standardise the bank’s solution to IT products and expert services which include location up a “a 1-stop-shop for Team Engineering stop users”.