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Westpac Banking Corporation (WBC.NZ)

NZSE - NZSE Delayed price. Currency in NZD
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26.70-0.26 (-0.96%)
As of 4:43PM NZDT. Market open.

Westpac Banking Corporation

275 Kent Street
Sydney, NSW 2000
61 2 9155 7713

Sector(s)Financial Services
Full-time employees33,607

Key executives

NameTitlePayExercisedYear born
Mr. Peter Francis King F.C.A., BEc, FCACEO, MD & Director2.07MN/A1970
Mr. Michael Rowland B.Com., F.C.A.Chief Financial Officer897.83kN/A1962
Mr. Leslie Wilson VanceGroup Exec. of Financial Crime, Compliance & Conduct739.83kN/A1971
Ms. Rebecca Lim B Econ, L.L.B., LLB (Hons)Group Gen. Counsel & Enterprise Exec.642.3kN/A1972
Ms. Christine ParkerGroup Exec. of HR736.51kN/A1960
Mr. Jason Yetton B.Com., BCom, TGMP, GDAppFinChief Exec. of Specialist & Group Strategy921.24kN/A1970
Ms. Carolyn McCann B.A.Group Exec. of Customer & Corp. Relations693.19kN/A1973
Mr. David StephenChief Risk Officer1.39MN/A1965
Mr. Scott CollaryChief Operating OfficerN/AN/AN/A
Mr. Andrew BowdenHead of Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2020, 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.


Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through four divisions: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses, and Group Businesses. It offers everyday banking, savings, term deposit, business transaction, foreign currency, and specialized accounts; home, personal, and business loans; credit cards; international and travel services; share trading services; investment; and home, car, travel, life, and business insurance products. The company also provides merchant and payment, 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; micro, small, and medium enterprises; commercial business and private wealth clients; 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 26 September 2021 is 6. The pillar scores are Audit: 10; Board: 6; Shareholder rights: 1; Compensation: 5.

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.