NAB reshuffles business heads

A reshuffle of management tasks within the Australian operations of National Australia Bank sees Bruce Munro, currently chief operating officer, shift to head a specialised business unit, and will report to George Frazis, the head of business and private banking. Mike Carroll will leave as head of agribusiness, and work in an unspecified new role reporting to Ahmed Fahour, NAB's Australian regional chief executive. Wayne Carlson takes over from Carroll as head of agribusiness banking.