Westpac (ASX:WBC) appoints Acting Group Executive Enterprise Services

Company News

by Katrina Bullock

More shakeups at the executive level for Westpac Banking Corporation (ASX:WBC) as it comes to terms with the AUSTRAC statement of claim.

After close of trade yesterday the bank announced that Alastair Welsh has been appointed Acting Group Executive Enterprise Services.

The Group Executive Enterprise Services is responsible for leading the Group’s operations functions, property and procurement, remediation and coordination of the Group-wide transformation.

Incoming Acting Chief Executive Officer Peter King says Alastair’s “strong relationships and extensive banking experience will help ensure [the bank] maintains [its] focus on [its] business agenda”.

Shares in Wetpac Banking Corporation (ASX:WBC) closed 0.44 per cent lower at $24.70.

Katrina Bullock

Finance News Network
Katrina is a respected TV journalist, as well as a renowned presenter and award winning lawyer. She holds a Bachelor of Laws (Honours 1st class, division 1), a Bachelor of Business (with Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She began her career as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel of Greenpeace Australia Pacific. In 2020 Katrina was named one of the 30 best lawyers in Australia under 30 by Lawyer's Weekly.