RETAIL BANKING | Tony Chua, Australia

Westpac appoints Peter Hanlon, as group executive transformation & productivity

Christine Parker will take over group executive human resources post vacated by Hanlon.

Westpac Group chief executive, Gail Kelly, on Tuesday announced changes to her executive team with chief strategy officer, Jon Nicholson, moving to a part-time role.

Peter Hanlon, currently group executive human resources & transformation, will have responsibility for accelerating the implementation of productivity programs.

"Productivity improvement is a critical group priority, and although we have made significant progress in this area since we briefed the market on productivity initiatives last October, we have decided to lift the pace," said Kelly.

"As group executive transformation & productivity, Peter will retain accountability for the group's transformation agenda and further drive the identification, planning and resourcing of productivity initiatives throughout the group.

"This will include continuing to optimise the investments we have made in our multi-brand strategy as well as the benefits from our Strategic Investment Priorities (SIP) program. Peter will relinquish his current human resources responsibilities.

"I am delighted to announce the appointment of Christine Parker to the position of group executive human resources & corporate affairs. Christine has extensive human resources experience in both Australia and New Zealand, and also has deep knowledge of the Westpac Group," said Kelly.

View the full story in Financial Standard.

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