Westpac Banking Corp.

Westpac Banking Corp.

Sector: National Commercial Banks Region: Australia

: | ASX: WBCPD | New York Stock Exchange: WBK | ASX: WBCPE | ASX: WBCPB | ASX: WBCPC | ASX: WBC | New Zealand Stock Exchange: WBC

Similar to: Société Générale SA, Citizens Holding Co. (Mississippi), BNP Paribas SA

Westpac Banking Corp. provides a broad range of banking and financial services in these markets, including retail, business and institutional banking and wealth management services. The company operates its business through the following segments: Australian Financial Services, Westpac Institutional Bank and Westpac New Zealand. The Australian Financial Services segment is responsible for the company's Australian retail banking, business banking and wealth operations. It incorporates the operations of: Westpac Retail & Business Banking, which is responsible for sales and service for consumer, small-to-medium enterprise customers and commercial and agribusiness customers in Australia under the Westpac brand; St.George Banking Group, which is responsible for sales and service for consumer, business and corporate customers in Australia under the St.George, BankSA, Bank of Melbourne and RAMS2 brands; BT Financial Group (Australia), which is Westpac's Australian wealth division. Its operations include funds management and insurance solutions. BT Financial Group's brands include Advance Asset Management, Ascalon, Asgard, BT, BT Investment Management 3, Licensee Select, BT Select, Securitor, and the advice, private banking and insurance operations of Bank of Melbourne, BankSA, St.George and Westpac. The Westpac Institutional Bank segment provides a broad range of financial services to commercial, corporate, institutional and government customers with connections to Australia and New Zealand. The Westpac New Zealand segment is responsible for sales and service of banking, wealth and insurance products for consumers, business and institutional customers in New Zealand. Westpac Banking was founded on February 12, 1817 and is headquartered in Sydney, Australia.

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Gail Kelly, Managing Director & Chief Executive Officer
Gail began her banking career in 1980, and by 2001 Gail had held various senior management roles in a broad range of areas including retail and commercial banking, strategy, marketing and human resources. Gail has spent the last ten years as CEO of two Australian banks, St.George Bank from 2002 to 2007 and Westpac from 1 February 2008 to date.
Gail holds a Bachelor of Arts degree and Higher Diploma of Education from Cape Town University, an MBA with Distinction from the University of Witwatersrand, and an Honorary Doctorate of Business from Charles Sturt University.
Gail is a non-executive director of the Business Council of Australia, the Australian Banker's Association, the Financial Markets Foundation for Children, and a member of the Financial Services Advisory Council and the Sydney Cricket and Sports Ground Trust. Gail is also Care Australia's Ambassador for Women's Empowerment.
John Arthur, Chief Operating Officer
John was appointed Chief Operating Officer on 24 November 2011 with responsibility for Group Services, which encompasses technology, banking operations, legal and property services. He joined Westpac as Group Executive, Counsel & Secretariat, on 1 December 2008. Most recently, prior to that appointment, John was Managing Director and Chief Executive of Investa Property Group until 2007. Previously, John has been a partner at Freehills and Group General Counsel of Lend Lease Limited. He also served as Chairman of legal firm Gilbert + Tobin and has had a distinguished career as legal partner, corporate executive and non-executive director.
Philip Coffey, Chief Financial Officer
Philip was appointed Chief Financial Officer in December 2005, with responsibility for Westpac’s finance, tax, treasury and investor relations functions. He joined Westpac in 1996, and was appointed Group Executive, Westpac Institutional Bank in 2002.
He has extensive experience in financial markets, funds management and finance, firstly with the Reserve Bank of Australia, then Citicorp and AIDC Ltd. He has held roles in the UK and New Zealand. Philip has an honours degree in Economics and has completed the Executive Program at Stanford University Business School.

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