Westpac’s Coffey retires
Long-serving Westpac deputy chief executive, Phil Coffey, has announced his retirement.
Coffey’s retirement was confirmed by Westpac group chief executive, Brian Hartzer this week who noted that the deputy CEO had spent more than 20 years with the big banking group including 15 years on the Westpac executive team as deputy CEO, chief financial officer and group executive.
The announcement said Coffey would be leaving Westpac on 31 May but would continue in his role as chairman of Westpac Bicentennial Foundation.
Hartzer paid tribute to Coffey’s contribution noting that it had benefited from his deep financial services experience, business risk judgment and insightful leadership.
Recommended for you
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments.