Westpac adds to board
Westpac has appointed Michael Hawker to the board, effective in November 2020, as an independent non-executive director and he will become a member of the board legal, regulatory and compliance committee, as well as the board technology committee.
Hawker was currently a non-executive director of other boards including the BUPA global board UK, BUPA ANZ group, Macquarie Bank and Macquarie Group which he would retire from upon commencement at Westpac.
He was formerly chief executive and managing director of Insurance Australia Group (IAG) from 2001 to 2008.
Prior to IAG, he held executive roles with Westpac between 1998 to 2001, as well as executive roles at Citibank International in Europe and as deputy managing director of Citibank Australia.
He had also been president of the Insurance Council of Australia and chair of the Australian Financial Markets Association.
Hawker said he was looking forward to working with Westpac chair, John McFarlane, and the board as the group navigated a “unique banking environment”.
Alison Deans would also retire form the board at the conclusion of the 2020 annual general meeting. Deans joined the board in 2014 and had served on the risk, remuneration, nominations and technology committees.
Recommended for you
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renewal process.
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.