St George loses CEO to Westpac
St George Bank is on the hunt for a new chief executive following the departure of Gail Kelly, who has accepted the role of chief executive with the Westpac Banking Corporation.
The head of St George’s retail bank and wealth management division, Paul Fegan, will assume chief executive responsibilities in the interim.
The search for a permanent replacement will include considerations of both internal and external candidates.
Kelly will be succeeding David Morgan at Westpac, who has been its chief executive since 1999.
She was appointed head of St George in December 2001 and became managing director in January 2002.
Prior to joining St George, Kelly was with the Commonwealth Bank ofAustralia as head of its customer service division.
Recommended for you
The FAAA is set to launch an initiative next week to boost adviser numbers, offering support for Professional Year candidates and their supervisors.
Advice licensee Centrepoint Alliance could be more open to a proportional takeover bid after shareholders rejected a special resolution around takeover provisions.
Global private markets firm Partners Group has appointed a client solutions manager to strengthen its service offering across Australia’s southern states.
An aging profession and impending adviser exodus are fuelling a shift in the advice practice landscape, according to Adviser Ratings’ latest report, while internal restructuring prompts adviser redistribution.
