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.
