She was replaced by Brian Hartzer, previously Westpac's financial services chief executive. As Group Executive, Human Resources, Christine leads the HR function for the Group, responsible for strengthening our service oriented and inclusive culture, attracting and retaining the best talent, developing and helping our workforce to grow skills for the future, rewarding and recognising our people and ensuring their health and wellbeing. Christine has responsibility for the office of the Banking Executive Accountability Regime (BEAR) and also supports the CEO and Board on culture and conduct. Les has over 25 years’ executive experience across transformation and program delivery, risk and governance, operations and line management. In early February 2012, Westpac announced plans to axe more than 400 domestic jobs and another 150 offshore jobs. In the same year, we began to expand our wealth management business with the acquisition of: In 2008 Westpac merged with St.George Bank Limited, resulting in a much larger multi-brand Group. Since joining Westpac in 2007, Christine has held a variety of senior leadership roles including Group General Manager, Human Resources and General Manager, Human Resources for Westpac New Zealand Limited. Les was appointed Group Executive, Financial Crime, Compliance and Conduct in June 2020. He is a Fellow of the Institute of Chartered Accountants. Before joining Westpac Group, Anthony was CEO of Australia & New Zealand and Co-Head of Investment Bank, Asia Pacific at Deutsche Bank from 2017. "Australia is going through an extraordinary and challenging time. The first significant sign of this in Australia came in January of that year, when Alfred Charles Davidson became general manager. Conditions, fees and charges apply. Gail Kelly (née: Currer) (born 25 April 1956) is a South African-born Australian businesswoman. Prior to this, David worked as a lawyer in private practice and served as in-house counsel for NatWest NZ from 1985. Prior to joining Westpac, Carolyn spent 13 years at Insurance Australia Group in various positions, including Group General Manager, Corporate Affairs and Investor Relations. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. In 2002, the bank began a strategic reshaping commencing with the sale of its longstanding iconic finance company, Australian Guarantee Corporation Limited (AGC) to GE Australia. David has a Bachelor of Business in Banking and Finance from Monash University and is a Board member of the International Financial Risk Institute. He is responsible for Group Strategy, Transformation Office and Corporate & Business Development. Brian Hartzer (born 1967) is an Australian business executive who was the Managing Director and CEO of Westpac from 2014 to 2020.. Education. 51% of Hastings Funds Management Lim… Westpac chief executive officer Brian Hartzer has been pushed out as the major lender battles an investigation by Australia’s financial intelligence agency over a money laundering and child exploitation scandal. Prior to this he was Deputy Chief Financial Officer for three years and worked in senior positions across the Group including in Group Finance, Business and Consumer Banking, Business and Technology Services, Treasury and Financial Markets. During the year, Carolyn assumed responsibility for the Customer Advocate function as well as the Group’s Customer Outcomes and Risk Excellence Program, a program to improve risk culture, governance and accountability. It was established in 1817 as the Bank of New South Wales under a charter of incorporation provided by Governor Lachlan Macquarie. Michael holds a Bachelor of Commerce, University of Melbourne and a Graduate Diploma of Taxation Law, Monash University. Rebecca is responsible for leading Westpac’s legal function globally, as well as leading the CEO’s office. Since joining Westpac in February 1999, he has held a number of senior roles including Head of Debt Capital Markets New Zealand, General Manager, Private, Wealth and Insurance New Zealand and Head of Westpac Institutional Bank New Zealand, and most recently, Managing Director of the Westpac New York branch. Westpac has a long and proud history as Australia's first and oldest bank. Full details are available on request. BCom, LLB (Hons) Group Executive, Financial Crime, Compliance and Conduct. This division originally brought together management of the Group’s customer resolution of complaints, alongside the functions responsible for reputation, corporate affairs, communications and sustainability. Before joining Westpac, Christine held senior HR roles in a number of high-profile organisations and across a range of industries, including Carter Holt Harvey and Restaurant Brands New Zealand. The crash of the New York stock market on Black Thursday, 24 October 1929 signalled the start of the depression in the international market. Find out more. Established in 1817 as the Bank of New South Wales, the company changed its name to Westpac Banking Corporation in 1982. Our history. The division supports Australia’s small business, commercial, agribusiness and private wealth customers providing a wide range of banking services across the Westpac, St.George, BankSA and Bank of Melbourne brands. He started at HSBC as Group Head of Strategy in London in 2010 after a career totalling 10 years at McKinsey & Co. Guil holds a Bachelor of Business Administration in General Management and Finance from Fundação Getulio Vargas (FGV) in Brazil and a Master of Business Administration in Strategy, Corporate Finance and Investment Management from Harvard Business School. It’s where he first learned to go “all in.” “You look at the world differently,” he says. Michael commenced his career at KPMG, where he was promoted to become a Tax Partner in 1993. ANZ CEO Shayne Elliott received $5.1 million while retail and commercial cash profits at the bank fell by 10 per cent this past year. Westpac Banking Corp. chief executive officer Tuesday, forced out by an investor backlash over allegations the lender committed the biggest breach of money-laundering laws in Australia’s history. Before joining Goldman Sachs, Anthony worked at Credit Suisse. However, as a result of the economic downturn at the end of the decade, Westpac declared a loss of $1.6 billion for the financial year ended 30 September 1992. In the same year, we began to expand our wealth management business with the acquisition of: 1. 1886 Modern technology came to the BNSW with the arrival of the telephone. Consider its appropriateness to these factors before acting on it. Full details are available on request. Christine is currently Chair of the St.George Foundation, a member of the Chief Executive Women and was previously a Director of Women’s Community Shelters and member of the Veterans’ Employment Industry Advisory Committee. In 2002, the bank began a strategic reshaping commencing with the sale of its longstanding iconic finance company, Australian Guarantee Corporation Limited (AGC) to GE Australia. Rebecca is a member of Chief Executive Women. Westpac Banking Corp. of the biggest violation of money-laundering laws in the country’s history. Carolyn was appointed as Westpac’s Group Executive responsible for customer and corporate relations in May 2018. David McLean is an experienced banker who was appointed Chief Executive Officer of Westpac New Zealand Ltd in February 2015. Prior to Westpac, Les was Group Executive for External Funds at Investa Property Group and Chief Executive for Gaming at TAB Limited. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. In 2014, Brian Hartzer was named CEO of Westpac. While his bank was laundering money for child exploitation and the firm's profitability fell by 16 per cent in the year to September, Mr Hartzer received more than $5 million. Our notice explains how we use cookies and how you can manage them. A new biography of the former bank chief and senior Treasury official details how he took to mentoring executives after his time leading the bank, in part because life as a CEO was "seldom openly discussed". Christine was appointed to Westpac Group’s Executive Team in October 2011. In 1988, David joined Southpac/National Bank as a Capital Markets Executive. These may change or we may introduce new ones in the future. Rebecca joined Westpac in 2002 and has held a variety of other senior leadership roles including General Manager, Human Resources for St.George Bank and General Manager, St.George Private Clients. The outgoing Westpac chief executive was born in New York and educated at the prestigious Princeton University, where he graduated with a Bachelor of Arts in European history. Rebecca then moved into an in-house role in investment banking at Goldman Sachs in London before returning to Australia and joining Westpac. Carolyn joined Westpac in 2013, as General Manager, Corporate Affairs and Sustainability. BEc, FCA. Many believe that Westpac's history and its near-death experience in the early 1990s still shapes the way banks are run and regulated today. Anthony Miller joined Westpac Group as Chief Executive, Westpac Institutional Bank in October 2020. 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