The bank has poached a former Deutsche chief executive to replace outgoing boss Lyn Cobley.
Anthony Miller will step into the role of chief executive of the Westpac institutional bank. Mr Miller joins Westpac from Deutsche Bank in Sydney, where he was chief executive for Australia and New Zealand.
“I’m delighted to welcome an executive of Anthony’s calibre to the Westpac team,” said Westpac CEO Peter King. “Anthony has extensive global experience in institutional banking and, with his international background, will also bring broader risk management experience to the team.
“He has been in [client-facing] roles for the past 20 years and has deep banking and financial markets experience, which will be invaluable as we work to further strengthen our relationships with our corporate and institutional clients.”
Mr Miller has also been a managing director at Goldman Sachs, based in Hong Kong, and a partner in the financing group for Asia Pacific within the investment banking division. He started his career as a commercial lawyer in Sydney, and holds a bachelor of laws from Queensland University of Technology and a bachelor of arts (modern Asian studies) from Griffith University.
The appointment brings new Mr King one step closer to finalising his executive line-up, and follows the appointment of former KPMG partner Michael Rowland to the position of CFO.
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