On Thursday, the bank confirmed the appointment of Audette Exel AO who will join the board as an independent non-executive director from 1 September.
Ms Exel – who is the founder and chair of global non-government organisation Adara Group – has over 35 years’ experience in the industry as a senior executive, non-executive director and as a social entrepreneur.
Ms Exel previously served as a non-executive director of Suncorp Group, managing director of Bermuda Commercial Bank and director of Steamship Mutual.
“We are delighted to welcome Audette to the board,” Westpac chairman John McFarlane said.
“Audette’s extensive business leadership experience, entrepreneurship and deep contribution to philanthropy will bring new insights to the board and complement Westpac’s purpose of helping Australians and New Zealanders succeed.”
Ms Exel added that she is “honoured” to be joining the company.
“Westpac is hugely important to the lives of so many Australians and New Zealanders and has played an important role in the economic and social fabric of those countries,” she said.
“I very much look forward to becoming part of the Westpac Group and to working with John and the board.”
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.