Westpac adds to board

westpac John McFarlane

23 September 2020
| By Chris Dastoor |
image
image
expand image

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.

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 weeks 6 days ago

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

3 weeks 3 days ago

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

2 months 3 weeks ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

2 weeks 2 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

2 weeks 2 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

2 weeks 3 days ago

TOP PERFORMING FUNDS