NAB adds two securitisation specialists

Tony Carr and Leigh Mellor join the Australian bankÆs diversified financial institutions team.
The institutional banking division of National Australia Bank, nabCapital, has hired two securitisation specialists to join its diversified financial institutions team.

Tony Carr becomes client director of consumer finance, and will be responsible for helping clients like finance companies and mortgage originators to arrange asset receivables.

Carr was most recently group treasurer at Newcastle Permanent Building Society where he established and implemented RMBS-securitisation, bond and commercial paper issuance programmes. He was also in charge of risk management and the pricing and setting of transactional banking arrangements.

Prior to this, Car held senior roles in debt markets, interest rate risk management, plus currency and liquidity management at Bank of Tokyo Mitsubishi, Rothschild Australia and BT.

The other hire is Leigh Mellor who joins nabCapital as client director of ADIs (approved deposit-taking institutions). His primary focus is managing and building relationships with credit unions and building societies.

Mellor was formerly head of securitisation and balance sheet products at Cuscal, a provider of wholesale banking services to the ADI sector. He was in charge of CuscalÆs A$2.5 billion RMBS business.

Both men will be based in Sydney and will report to Andrew Williamson, managing director and head of diversified financial institutions at nabCapital.
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