Scott Hartley will lead the corporate and institutional wealth division of MLC after a new executive general manager role was created within the National Australia Bank (NAB)-owned division.
Hartley's appointment to the newly-created role of is not part of an internal reshuffle of positions but stems from "ongoing strong performance of the business," the company said.
Hartley will now report directly to NAB Wealth group executive Steve Tucker.
"The Corporate & Institutional Wealth team, which includes Plum Financial Services, JANA and MLC MasterKey Business Super, has performed very strongly during the past three years," Tucker said.
"Corporate and institutional super is a critical market segment and the rapid growth of the business combined with Scott's appointment is setting us up to win in this area."
The company listed mandate wins for Plum Financial Services, MLC MasterKey Business Super registering a 55 per cent increase in new business in 2011, compared to the previous year, and JANA significantly increasing its cash earnings contributions as the key areas of the division's performance.
Hartley has been general manager of MLC Corporate & Institutional Wealth and managing director of Plum Financial Services since March 2009.
Since joining MLC in 1999, Hartley has held previous roles including general manager of strategy and marketing and general manager of institutional business.
He also managed MLC's acquisition and integration of Plum in 2003.
