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
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
