WBC.AX - Westpac Banking Corporation
Westpac Banking Corporation
275 Kent Street
Sydney, NSW 2000
Australia
61 2 9155 7713
http://www.westpac.com.au
Sector: Financial Services
Industry: Banks - Global
Full-time employees: 32,033
Key executives
| Name | Title | Pay | Exercised | Year born |
|---|---|---|---|---|
| Mr. Brian Charles Hartzer B.A., C.F.A. | MD, CEO & Director | N/A | N/A | 1967 |
| Mr. Peter Francis King F.C.A., BEc, FCA | Chief Financial Officer | 1.67M | N/A | 1970 |
| Mr. David Curran B.Com | Chief Information Officer | 1.43M | N/A | 1965 |
| Ms. Rebecca Lim L.L.B., B Econ, LLB (Hons) | Group Exec. of Legal & Secretariat | N/A | N/A | 1972 |
| Ms. Christine Parker | Group Exec. of HR | 1.32M | N/A | 1960 |
Description
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, Asia, the Pacific region, and internationally. It operates through five divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank, and Westpac New Zealand. It offers everyday banking, savings, term deposit, moving to Australia, under 21 and student, business, community solutions one, not-for-profit savings, and foreign currency accounts; term, tailor-made, and farm management deposits; debit, credit, and travel money cards; home, personal, investment, small business, and commercial loans; and equipment, automotive, cash flow, property, and insurance premium financing services. It also provides home and content, landlord, car, travel, boat, caravan and trailer, life, credit card and loan repayment, income protection, business, farm pack, person income, and business overheads insurance products; superannuation and retirement products; investment portfolios; installment warrants; and trading, financial advisory, wealth, foreign currency exchange, international payment, cash flow management, international trade, and import and export services. In addition, it offers industry specific banking and treasury services; other services, such as emergency cash, online and telephone banking, ATMs, unclaimed money, travel center, margin lending, and banking services to migrants moving to Australia; and mobile wallets. Further, it provides capital advisory and fund management, transactional and private banking, and financial market services; and corporate and structured finance, as well as trade and supply chain finance. It serves individuals; micro, small, and medium enterprises; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is headquartered in Sydney, Australia.
Corporate governance
Westpac Banking Corporation’s ISS governance QualityScore as of 1 October 2018 is 2. The pillar scores are Audit: 10; Board: 1; Shareholder rights: 1; Compensation: 1.
