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Westpac NZ CEO resigns

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By Reporter
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2 minute read

Westpac chief executive of New Zealand Peter Clare has resigned from the group following a major medical procedure.

Acting Westpac chief executive of New Zealand David McLean will continue to act in the role while a search is undertaken for Mr Clare’s replacement.

Mr McLean was previously based in New York as head of the Americas division for Westpac.

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Westpac chief executive Gail Kelly thanked Mr Clare for his contribution to the group since joining in 2008.

“Peter played a very important role in executing the merger with St George Bank,” said Ms Kelly.

“He successfully led our product and operations division and established a strong platform on which the group continues to build.”

Ms Gail said since Mr Clare’s appointment as chief executive of New Zealand he has delivered “all-round solid results”.

Westpac NZ CEO resigns

Westpac chief executive of New Zealand Peter Clare has resigned from the group following a major medical procedure.

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