St George chairman becomes Westpac deputy chair
Westpac Banking Corporation today confirmed three St George Bank directors would become members of the board of the merged banking entity.
Westpac chairman Ted Evans said current St George Bank chairman John Curtis would become deputy chairman of Westpac while Peter Hawkins and Graham Reaney would become Westpac directors.
He pointed out that the board appointments were subject to remaining approvals.
The appointments will become effective from December 1.
Curtis is the chairman of St George and Allianz Australia Limited and chairman of the Merrill Lynch Australia Advisory Board, while Hawkins is a current director of Visa Inc, Mirvac Limited, Liberty Financial Limited, Treasury Corporation of Victoria and Clayton Utz. Reaney is chairman of PMP Limited and a director of AGL Energy Limited.
AUTHOR
Mike Taylor
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.
