Ms Holocomb is currently general manager of global transactional services and is responsible for transactional banking and trade sales and services for institutional and corporate customers and managing Westpac’s payments, trade products and related infrastructure.
She also leads Westpac’s industry payments and trade regulatory agenda, including real-time payments, and was previously responsible for developing Westpac’s Asia strategy.
Westpac Group chief executive Gail Kelly said Ms Holocomb was a deeply experienced financial services executive who has made major contributions in strategic, customer and operational roles at Westpac.
“Having started her career in credit risk, Alex’s subsequent roles have given her deep insight into broader areas of compliance, operational and technology risk,” said Ms Kelly.
“This, coupled with her expertise both domestically and internationally across strategy and management, ideally positions her to lead the group’s strong risk function.”
Ms Kelly also thanked Mr Targett for his significant contribution to Westpac, including guiding the group through a new regulatory environment following the global financial crisis.
“Greg’s diligent and focused approach has enabled the group to implement a vast array of regulatory changes while minimising disruption to our business,” said Ms Kelly.
