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Search ResultsShowing 1 - 10 of 20 results for "Lindsay Maxsted"
Westpac discovers additional transaction irregularities
ALLY SELBY  |  TUESDAY, 28 JUL 2020
... Asia. The breaches saw heads roll at Westpac, including that of its former chief executive Brian Hartzer and chair Lindsay Maxsted . In early June, Westpac confirmed 38 of its staffers had been punished over the AUSTRAC scandal with a range of remuneration ...
Westpac found to be immature, reactive
ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... counter-terrorism laws over 23 million times . The controversy led to the former chief executive, Brian Hartzer , and chair, Lindsay Maxsted , resigning. The CGA reassessment concluded that important factors of Westpac's non-financial risk culture are ...
Westpac director heads for the exit
HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... committee. The bank confirmed Fung would retain her role as a member of the bank's Asia Advisory Board. Outgoing chair Lindsay Maxsted - who is set to vacate the chair on March 31 - thanked Fung for her efforts. "Anita's executive management expertise ...
Westpac appoints new chair
ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Westpac has appointed John McFarlane to the board as non-executive director and chair-elect, set to replace Lindsay Maxsted on 2 April 2020. McFarlane has over 44 years' experience in the financial services industry both in Australia and internationally ...
APRA joins in on Westpac scrutiny
ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
... it is committed to cooperating with APRA in all aspects of its investigation and review. Westpac group chairman Lindsay Maxsted said Westpac has accepted the gravity of the issues presented by AUSTRAC. "As previously stated, these shortcomings are unacceptable ...
Regulators circle as scandal engulfs Westpac
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... investigating Westpac, with ASIC and AUSTRAC also investigating the breaches. Chief executive Brian Hartzer and chair Lindsay Maxsted are currently the only people to step down from their roles at Westpac. Australia's second largest bank is expected ...
Brian Hartzer steps down from Westpac
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... officer. As acting chief executive, King will be paid a fixed remuneration of $2.1 million. Westpac Group chair Lindsay Maxsted said King has had a "long and distinguished career at Westpac." "The board has asked [King] to focus on two immediate priorities ...
Westpac halts short-term bonuses, culls Litepay
HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... the bank's three-point response plan to the statement of claim launched by AUSTRAC last week, Westpac chair Lindsay Maxsted yesterday said the bank was determined to fix its issues and lift standards. As a result, the bank's executive team and ...
Former Morgan Stanley chief to join Westpac board
HARRISON WORLEY  |  WEDNESDAY, 6 FEB 2019
... was previously managing director and at Random House Australia and New Zealand. In a statement the bank's chair Lindsay Maxsted said the different career experiences of the two would add a lot to Westpac's board. "We are delighted to welcome such high ...
Westpac executive remuneration voted down
KARREN VERGARA  |  THURSDAY, 13 DEC 2018
... remuneration report for the year ended 30 September 2018 was cast down by 64.16% of voters. In his opening address, chair Lindsay Maxsted flagged that based on votes already received, more than half will go against passing the remuneration resolution. ...
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