HBOS Australia appoints new CEO

property/chief-executive/chairman/

5 March 2009
| By Benjamin Levy |

David Smith has been appointed to the position of chief executive of HBOS Australia.

Smith was the previous head of the Australian arm of the Bank of Scotland Treasury. He has worked for HBOS for 11 years.

Smith has held a number of senior management business and roles in investment and wholesale banks, including Morgan Grenfell and Co, Deutsche Bank and UBS.

HBOS chairman Rick Turner said Smith’s appointment would provide a strong platform for their future success as part of Lloyd’s Banking Group. Lloyds Banking Group is the umbrella head of HBS and Lloyd’s TSB.

Jack Dykes, who was acting chief executive for two months before the appointment of Smith, will continue to lead the BOS International Division of HBOS Australia. The division operates in corporate, property and project finance.

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 ago

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

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS