Westpac chief financial officer (CFO) Peter King will step in as chief executive after the ignominious exit of Brian Hartzer. King has been with Westpac for over 15 years and has been CFO since 2014. Earlier this year he announced his intention to retire in 2020. Current chief operating officer Gary Thursby will act as chief financial officer until a suitable replacement for Hartzer has been found. Hartzer joined Westpac in 2012 and took on the position of chief executive in early 2015. Chair Lindsay Maxsted has brought forward his retirement to the first half of 2020, he has been in the position since 2011. In addition, Ewen Crouch has announced that he will not be seeking re-election as a director at the upcoming Westpac annual general meeting.
Trading platform SelfWealth has announced its chief executive Andrew Ward has taken an extended leave of absence for personal reasons. The company has appointed director Rob Edgley as acting chief executive. He held a number of executive roles at County NatWest Australia and Japan and was a head of sales for Asia Pacific at Royal Bank of Scotland. Edgley is currently a director at Kay and Burton Real Estate, DataMesh and EVZ.
Collection House chief executive Anthony Rivas has resigned from the company after joining in 2016. The company renewed his contract for another three-year term in June. His resignation was with immediate effect. The company’s chief financial officer Doug McAlpine has taken over as chief executive. He joined Collection House in July 2019 and prior to that was executive general manager at commercial equipment rental and financing business Silver Chef.
ME Bank has appointed Rosanna Fornarino as its new chief operations officer. She has over 35 years’ experience in banking and joins from Infosys where she was a consulting executive advisor for the financial services sector. She previously spent 10 years at NAB in senior operations and change implementation roles. Prior to that she had a 25-year career at ANZ, working across retail banking, human resources, domestic and international payments and risk.
Former Australian Securities Exchange (ASX) executive Anna Campbell, has joined the Australian Financial Complaints Authority in the newly created position of general counsel. She was most recently general manager of enterprise compliance at the ASX. Prior to that she was deputy general counsel at the ASX for nine years. Before joining the ASX, Campbell was acting general counsel at Allianz.
Crestone Wealth Management has appointed Barbara Ward as an independent non-executive director. She was previously the chief executive of Ansett Worldwide Aviation Services and served as a senior ministerial adviser to Paul Keating. Ward is currently a director of Qantas Airways and chairs its audit committee. Ward is also a director of Caltex Australia and a number of Brookfield Multiplex Group companies. She has previously been on the boards of Commonwealth Bank, Lion Nathan Limited, The Sydney Opera House Trust and Sydney Children’s Hospital Foundation.
Diversified financial services company ClearView has appointed Geoff Black to the board. Black has extensive experience in life insurance and wealth management and is a director of Platypus Asset Management. He was previously head of development at RGA Australia and prior to that held senior roles at TAL Life. The company has also announced the resignation of David Brown as a director.