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Showing 1 - 10 of 41 results for "Peter King"

Westpac New Zealand names chief executive

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... leading the New Zealand business and as a member of the Westpac Group executive team," Westpac Group chief executive Peter King said. "In our recent portfolio review of the business, we identified ways to improve service for customers, including improving ...

Vanguard incentivises staff to get the jab

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... people jabbed and the vaccination rates at the levels they need to be for lockdowns to lift," Westpac chief executive Peter King said. "With around 10,000 Westpac employees living in the eight most impacted Sydney LGAs, it is a heartland area for our ...

Westpac sells NZ life business

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
... capital ratio. As at March 31, the business had annual inforce premiums of NZ$149 million. Westpac chief executive Peter King said it's the latest step in building a simpler bank. "Life insurance products are important for many New Zealanders and ...

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... believe a demerger of the WNZL business would not be in the best interests of shareholders," Westpac chief executive Peter King said. "Our review identified opportunities to improve service for customers and value across the WNZL business and we will ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... strength, with our Common Equity Tier 1 capital ratio rising 153 basis points to 12.34%," Westpac group chief executive Peter King said. Plato Investment Management senior portfolio manager Peter Gardner said the writeback in provisions is a positive ...

Westpac merges consumer, business divisions

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... private wealth, platforms and investments and superannuation moved into an expanded business arm. Westpac chief executive Peter King said the move will serve to simplify the business model and consolidate divisional management. "Our new lines of business ...

Westpac exec goes part-time

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
... current role for a decade. She will continue in the role until a replacement has been found. Westpac chief executive Peter King thanked Lim for her contribution. "For the past decade as general counsel, Rebecca has played a pivotal role in navigating ...

Westpac prioritises risk management

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... billion for the first quarter, buoyed by a one-off impairment benefit of $501 million. Westpac group chief executive Peter King said: "It has been a good start to the year with higher earnings, a stronger economy, and solid progress on our fix, simplify ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... Westpac's "immature and reactive risk culture", unclear accountabilities and inadequate oversight. Westpac chief executive Peter King acknowledged the bank's shortcomings and is determined to deliver on the risk remediation activities. "We have ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... bank says is attributable to the $1.3 billion penalty to settle the AUSTRAC proceedings. Westpac Group chief executive Peter King noted the year has been challenging and the result for the bank is disappointing. "Our earnings have been significantly ...
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