Catholic Super re-appoints NAB Asset Servicing

Catholic Super has re-appointed National Australia Bank (NAB) Asset Servicing for custody and administration for a further three years.

Catholic Super is an industry superannuation fund with more than AU$7 billion in assets under management, and more than 72,000 members. NAB Asset Servicing has been the fund’s custodian since 2005.

“We are delighted to have been reappointed by Catholic Super,” says Matthew Brown, executive general manager, NAB Asset Servicing. “This is a strong partnership built on trust and aligned values. We thank them for their continued support and we look forward to helping them achieve their strategic goals into the future.”

Recently, NAB Asset Servicing has announced a spate of mandate re-appointments, including VicSuper, Vision Super and Maritime Super. It is Australia’s largest custodian, with AU$692 billion in assets under custody.

“We have been in partnership with NAB for over 10 years,” says Frank Pegan, CEO of Catholic Super. “Throughout this time, NAB has proven to have a deep understanding of our industry and our values, whilst providing consistently high levels of service and client relationship management. Their local presence is also highly valued, making them the right custodian for our fund and our members.”