REFILE-Three Canadian Western Bank executives to leave after National Bank takeover

Refiles to add missing words in headline

By Nivedita Balu

TORONTO, Feb 4 (Reuters) - Three former Canadian Western Bank CWB.TO executives will be leaving National Bank NA.TO, the new parent company of the Alberta-based lender, following a C$5 billion ($3.47 billion) takeover, according to an internal memo seen by Reuters.

The executives leaving the bank are CWB CEO Chris Fowler, who is retiring, Chief Risk Officer Carolina Parra and Stephen Murphy, who is the head of the commercial, personal and wealth business, according to a Jan. 30 memo by Fowler to CWB staff.

Murphy's last day is April 30 and Parra's is Feb. 28.

Fowler, whose retirement was also publicly announced on Monday, will continue as executive advisor to National Bank CEO Laurent Ferreira until April 30.

CWB's CFO Matt Rudd will join National Bank's finance team and Jeff Wright, the head of client solutions and specialty business, will join the bank as the head of integration for the commercial team, the memo said.

National Bank closed the deal on Monday following an approval from Canada's finance minister in December.

The deal gives National Bank, the largest bank in the province of Quebec, scope to expand in Western Canada, a region where CWB has grown its footprint over the past 37 years through a slew of acquisitions.

CWB focuses on providing commercial banking, personal banking and wealth advisory services to small and medium-sized business owners. It has also expanded in Ontario through the opening of new branches.

($1 = 1.4399 Canadian dollars)