Westpac appoints Business division CEO

westpac HSBC people move ceo

19 June 2019
| By Laura Dew |
image
image
expand image

Westpac has hired Guilherme Lima as chief executive of its new restructured Business division, to start later this year.

Lima joined Westpac from HSBC where he was group head of wealth management and was previously group head of strategy in London and a partner at consulting firm McKinsey & Co. In total, he had 22 years of experience in banking and consulting. 

The Westpac Business division was created following a restructure in March when the private wealth, platforms, investment and superannuation businesses were merged into a Business division.

He would be replacing Alastair Welsh, who had been working in the role on an interim basis since March until a replacement was found.

Westpac group chief executive, Brian Hartzer, said: “I am delighted to welcome Guil to the group executive team. His background in leading strategic change on a global basis, as well as his domain expertise in banking and wealth, will be particularly valuable as we seek to grow the breadth of our customer relationships across the new Business division.”

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