Westpac's Evans to retire

chairman/annual-general-meeting/westpac/retirement/director/

12 May 2011
| By Angela Faherty |
image
image
expand image

Westpac chairman Ted Evans has announced his retirement. Evans announced he will leave the bank following the 2011 annual general meeting which is due to be held on 14 December 2011. He will be succeeded within the board by the current audit committee chairman, Lindsay Maxsted. 

Evans will leave the bank after four years as chairman. He joined Westpac’s board in 2001 and was appointed to the position of chairman in 2007.

“With the success of the St George merger now assured, and the group performing very strongly under our talented and stable management team, I judged the time right to announce my retirement. Lindsay is an enormously experienced and capable director and I know I will leave the chair of this company in the very best hands,” he said.

Maxsted joined the board as director and chairman of the audit committee in 2008.

Homepage

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND