Donselaar heads to Westpac
The Australian Securities and Investments Commission’s (ASIC) consumer protection special adviser Annette Donselaar will depart the watchdog early next year to take on a job with Westpac Bank.
Donselaar was approached by Westpac to become its head of business banking compliance and joins the bank in January next year to begin the implementation of the Financial Services Reform (FSR) legislation.
“I will be involved in implementing FSR, and building a new compliance process within the business area,” Donselaar says.
In the new position, Donselaar will also develop a compliance team, but will initially be working with Westpac head of business banking Paul Lilley.
After two and a half years with ASIC, her second term of employment with the watchdog, Donselaar says leaving was a difficult decision to make.
“It was a hard decision. I’ve enjoyed my time with ASIC. But it is an exciting opportunity to implement FSR into the industry,” she says.
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