Taken from Wikipedia
Ahmed Fahour is an Australian banker of Lebanese descent, and a former Chief Executive Officer of the Australian operations of the National Australia Bank (NAB).
Early life and careerFahour speaking at the ACOSS National Convention on 9 April 2008, described his family's migration to Australia and early childhood in the following terms, "My parents journeyed to this country from Lebanon a little under 40 years ago. They had no English and little money. We lived in the northern suburbs of Melbourne. The community was working class; no one had much in the way of material possessions; kids played in the streets and in their nearby parks. Turks lived alongside Maltese; Lebs alongside Italians; Yugoslavs alongside the Greeks. We were a large family and large families were the norm." [1] He studied at St Joseph's College in North Fitzroy, and later attended Redden College in Preston (now called Samaritan Catholic College). After high school, he attended Latrobe University in Melbourne from 1984. After a brief spell as a graduate trainee at the ANZ Bank, he went on to complete his Master of Business Administration degree at Melbourne Business School in 1993 while working for Boston Consulting Group. He became a director of the group in 1997 and spent a year as Co-Managing Director of its joint-venture investment company, Iformation. While at BCG, he worked closely with many other Australian business people, including Colin Carter, George Pappas, Maurie Koop, Mark Joiner, Scott Kinney, Rob Lachenauer, Rui de Figuerido, and Doug Stotz.
Banking executiveHe joined Citigroup in 2000 as senior vice-president of corporate development in New York, at the age of 36. Subsequently, around 2002, Fahour became CEO of Citigroup Alternative Investments were he was responsible for consolidating all the non-traditional investment businesses (Private Equity, Hedge Funds, Real Estate). In February 2004 Fahour was named chief executive of Citigroup Australia. After that, he left to become CEO of NAB's Australian operations.
As part of his deal to join NAB, Fahour received an upfront payment for what he would reportedly have received had he stayed at Citigroup: a cash payment of $3.9 million in January 2005, plus options and shares worth $9.5 million over the next four years. NAB offered him a four-year contract worth about $34 million if he meets all performance targets, otherwise earning $1.5 million per year if targets are not met.[2] Fahour was among the highest-paid executives in Australia, running the biggest division of one of the country's four major banks. He started work in the role on 1 September 2004.[3] He was ranked 54 in Business Review Weekly's for 2004.[citation needed]
He is also a member of the Australian Football League (AFL) club Carlton Football Club and presented the NAB Pre-season Premiership Cup to victorious Carlton FC captain Lance Whitnall in March 2007.[citation needed]
On 19 December 2008, Fahour moved from his position as CEO Australia to a corporate staff role. [4] On 20 February 2009, Fahour was forced out of the NAB, but was later appointed interim CEO of the Australian Business Investment Partnership, an organisation which ultimately failed to secure Senate approval.
On 19 July 2009 he was appointed Chief Executive Officer at Gulf Finance House, an Islamic investment bank based in Bahrain.
In December 2009, he was appointed Chief Executive Officer of Australia Post.
http://en.wikipedia.org/wiki/Ahmed_Fahour