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Westpac Banking Corporation (WBK)

NYSE - NYSE Delayed price. Currency in USD
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18.48-0.48 (-2.53%)
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Westpac Banking Corporation

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

Sector(s)Financial Services
IndustryBanks—Diversified
Full-time employees36,849

Key executives

NameTitlePayExercisedYear born
Mr. Peter Francis King F.C.A., BEc, FCACEO, MD & DirectorN/AN/A1970
Mr. Michael Rowland B.Com., F.C.A.Chief Financial OfficerN/AN/A1962
Mr. Leslie Wilson VanceGroup Exec. of Financial Crime, Compliance & ConductN/AN/A1971
Ms. Rebecca Lim L.L.B., B Econ, LLB (Hons)Group Gen. Counsel & Enterprise Exec.N/AN/A1972
Ms. Christine ParkerGroup Exec. of HRN/AN/A1960
Mr. Jason Yetton B.Com., BCom, TGMP, GDAppFinChief Exec. of Specialist Bus.es & Group StrategyN/AN/A1970
Ms. Carolyn McCann B.A.Group Exec. of Customer & Corp. RelationsN/AN/A1973
Mr. David StephenChief Risk OfficerN/AN/A1965
Mr. Guilherme Lima B.B.A., M.B.A.Chief Exec. of Bus. DivisionN/AN/A1974
Mr. David Alexander McLean L.L.B., LLB (Hons)Chief Exec. Officer of Westpac New Zealand LimitedN/AN/A1958
Amounts are as of , 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 USD.

Description

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 2 December 2020 is 6. The pillar scores are Audit: 9; Board: 6; Shareholder rights: 3; Compensation: 4.

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.