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Westpac Banking Corporation (WBC.NZ)

NZSE - NZSE Delayed price. Currency in NZD
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28.90-0.19 (-0.65%)
At close: 03:20PM NZST

Westpac Banking Corporation

275 Kent Street
Level 18
Sydney, NSW 2000
Australia
61 2 9155 7713
https://www.westpac.com.au

Sector(s)Financial Services
IndustryBanks - Diversified
Full-time employees33,395

Key executives

NameTitlePayExercisedYear born
Mr. Peter Francis King BEc, F.C.A.CEO, MD & Director3.96MN/A1970
Mr. Michael Campbell Rowland B.Com., F.C.A.Chief Financial Officer1.84MN/A1961
Mr. Scott Collary B.A.Chief Information Officer1.9MN/A1965
Ms. Christine Joy ParkerGroup Executive of Human Resources1.55MN/A1960
Mr. Jason Yetton B.Com., GDAppFin, TGMPChief Executive of Consumer1.99MN/A1970
Ms. Carolyn McCann B.A.Group Executive of Customer & Corporate Services1.56MN/A1973
Mr. Anthony Miller B.A., L.L.B.Chief Executive of Business & Wealth2.45MN/A1971
Mr. Ryan Armand Zanin C.F.A.Chief Risk Officer3.18MN/A1963
Ms. Catherine Anne McGrath B.Com., L.L.B.Chief Executive Officer of Westpac New Zealand Limited1.39MN/A1971
Mr. Justin McCarthyGeneral Manager of Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NZD.

Description

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products. In addition, the company provides corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; small, and medium enterprises; commercial and agribusiness; and private wealth clients; and 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. Westpac Banking Corporation was founded in 1817 and is based in Sydney, Australia.

Corporate governance

Westpac Banking Corporation’s ISS governance QualityScore as of 1 June 2024 is 3. The pillar scores are Audit: 10; Board: 2; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.