A PROMINENT BANKER.

Otago Daily Times, Issue 19687, 14 January 1926, Page 2

A PROMINENT BANKER.

MR GL W. MTNTOSH’S CAREER, HIS LATEST PROMOTION. GENERAL MANAGER NATIONAL BANK. (From Oxtb Own Correspondent.) WELLINGTON, January 13. Since the death of Mr Alfred JoDy, Mr G. W. M‘lntosh has been acting as general manager of the National Bank of New Zealand, and he has now been definitely appointed general manager. Mr MTntosh is a Scot who was bom in Dublin. He came to Australia as a small boy with his parents, the voyage in the ship Try, occupying six montns. After living for some time at Kyneton, Victoria, where his father died, Mr. MTntosh, then aged 10 years, came to New Zealand with his mother, settling first at Invercargill. Later the family lived in Dunedin, and afterwards moved to the West Coast. Mr MTntosh’s great problem, young as he was then, lay in supporting the household. Tills left but little time for school, college, or university, or for social entertainments. However, the greater the obstacles the more was he determined, by night school and in other ways, to improve his education and he worked as a fad in various occupations quite foreign to high finance. At 17 years of age—March 1875 two years after its foundation, he joined the staff of the National Bank as accountant at the Greymouth branch. His salary was £l6O, then considered a good one, and it certainly compares more than favourably with the purchasing value of £3OO to-day. Mr MTntosh’s subsequent promotions were: Dunedin, April 1860 ; accountant, Christchurch, September 1882; accountant, Wellington, November 1885; manager of the bank at Te Aro, Wellington, October 1889; and of Blenheim in December of the same year. He was interim manager at Wellington from April 1897 to January 1898, and .inspector until December 1698. He was appointed manager at Invercargill in July 1907, and to a similar position at Dunedin three year later, and interim manager at Auckland in February 1923. He was chief inspector, stationed in Wellington, from August 1923 until, in that same month in 1925, he was appointed acting-general manager. His banicing career has thus been confined to New Zealand, and to the National Bank.