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WESTPAC BANKING CORPORATION

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Westpac Banking : APPOINTMENT OF AUDETTE EXEL AO TO THE WESTPAC BOARD (Form 6-K)

07/22/2021 | 06:18am EDT

APPOINTMENT OF AUDETTE EXEL AO TO THE WESTPAC BOARD

Westpac Banking Corporation has today announced the appointment of Audette Exel AO as an independent Non-executive Director with effect from 1 September 2021. Ms Exel will become a member of the Board Risk Committee and the Board Technology Committee following her appointment.

Ms Exel has more than 35 years' experience in the global financial services markets as a senior executive, a non-executive director and as a social entrepreneur. Ms Exel is the founder and Chair of Adara Group, a social enterprise and international non-government organisation focused on improving health and education for women, children and communities living in extreme poverty. She has received many Australian and international awards and recognition for her business leadership and philanthropy, including an honorary Order of Australia for service to humanity.

Ms Exel was previously a Non-executive Director of Suncorp Group Limited, Managing Director of BSX-listed Bermuda Commercial Bank, Chair of the Bermuda Stock Exchange, Director of Steamship Mutual and a Director of Bermuda's central financial services regulator. She began her career as a lawyer specialising in international finance.

Westpac Chairman, John McFarlane said, 'We are delighted to welcome Audette to the Board. Audette's extensive business leadership experience, entrepreneurship and deep contribution to philanthropy will bring new insights to the Board and complement Westpac's purpose of helping Australians and New Zealanders succeed.'

Ms Exel said 'I am honoured to join the Board of Australia's oldest company. Westpac is hugely important to the lives of so many Australians and New Zealanders, and has played an important role in the economic and social fabric of those countries. I very much look forward to becoming part of the Westpac Group and to working with John and the Board.'

For further information:

David Lording Andrew Bowden
Group Head of Media Relations Head of Investor Relations
0419 683 411 0438 284 863

This document has been authorised for release by Tim Hartin, General Manager & Company Secretary.

Disclaimer

Westpac Banking Corporation published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2021 10:17:19 UTC.


ę Publicnow 2021
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Sales 2021 20 940 M 15 146 M 15 146 M
Net income 2021 6 180 M 4 470 M 4 470 M
Net Debt 2021 - - -
P/E ratio 2021 15,6x
Yield 2021 4,54%
Capitalization 92 304 M 66 698 M 66 764 M
Capi. / Sales 2021 4,41x
Capi. / Sales 2022 4,48x
Nbr of Employees 33 607
Free-Float 99,5%
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Technical analysis trends WESTPAC BANKING CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 25,19 AUD
Average target price 27,86 AUD
Spread / Average Target 10,6%
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Peter Francis King Chief Executive Officer, MD & Director
Michael Rowland Chief Financial Officer
John McFarlane Chairman
Scott Collary Chief Operating Officer
Leslie Wilson Vance Group Executive-Financial Crime & Compliance
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