15 Apr 2020

NAB welcomes Business Growth Fund Chair announcement

NAB has today welcomed the Federal Government’s appointment of the Hon Will Hodgman as the inaugural Chair of the Australia Business Growth Fund.

NAB Chief Customer Officer Business and Private Bank, Anthony Healy, welcomed the appointment. “We are pleased that Will Hodgman has agreed to be the inaugural chair of the Australian Business Growth Fund. I’ve been consistently impressed with Will’s passion for supporting small business and we are confident that he will provide the strong leadership required for the fund to be successful,” Mr Healy said.

“The establishment of this critical fund will help provide a vital boost to small and medium businesses in Australia at a time when these companies need our support more than ever before.”

As Australia’s largest business bank, NAB is pleased to support the establishment of a Business Growth Fund in Australia as a new and innovative way for Australian small and medium businesses to access long-term patient equity capital to grow their business.

As part of NAB’s support for the fund, NAB has led and chaired the industry working group behind the fund and continues to work closely with the other participating banks and the Commonwealth Government.

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