Westpac appoints CFO

westpac/KPMG/Peter-King/ING-Australia/ANZ/

14 July 2020
| By Chris Dastoor |
image
image
expand image

Westpac has appointed former ANZ chief financial officer (CFO), wealth, Michael Rowland as CFO.

Rowland joined from KPMG, where he was a partner in management consulting, specialising in financial services, and had also previously worked for ING Australia.

He worked at ANZ from 1999 to 2013 where he held various CFO roles including in the institutional banking and personal financial services departments.

Gary Thursby, who had been acting CFO since December 2019, would continue in the role until Rowland joined later in the year.

Peter King, Westpac chief executive, said Rowland brought deep experience across the financial services industry.

“Michael’s experience is broad across both CFO and business leadership roles,” King said.

“His most recent experience in consulting as a senior partner at KPMG also brings valuable external perspectives.

“In particular, Michael’s expertise in business restructuring, delivering sustainable productivity and revenue programs and in disciplined financial management will be an important contributor to making Westpac a simpler and stronger bank.”

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?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS