St George Bank has hired Citibank executive Les Matheson as retail banking division group executive, starting in June.
Matheson's hire ends a five month search to fill the position made vacant following the promotion of Paul Fegan to company chief executive late last year.
"Les brings a wealth of knowledge and experience to the bank from his broad and successful career around the world including roles in the United Kingdom, Switzerland, Japan, Argentina and Belgium," Fegan said.
The new job will see Matheson focus on improving revenue growth and expanding the retail bank throughout the country. He will also be responsible for boosting efficiency and productivity levels of the retail business.
Matheson is presently Citibank group country manager. He is also chief executive of Australia and the Pacific region for the company's consumer business arm.
He has worked at Citigroup since 1997.
Matheson has been Diners Club Australia chairman, Australian Bankers' Association deputy chairman as well as a director of Citigroup Life Insurance and Citibank Savings Bank in the Philippines.
