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KPMG partner takes on Westpac CFO job

Westpac has appointed KPMG partner Michael Rowland as its new chief financial officer. Rowland is a partner in KPMG’s management consulting practice, where is specialises in financial services.

Rowland worked at ANZ between 2009 and 2013, where his roles included CFO of institutional banking, CFO of wealth and CFO New Zealand. He has also been CFO at ING Australia.

The bank did not give a start date for Rowland in its announcement yesterday. Acting CFO Gary Thursby will remain in the role until later in the year.

Thursby’s role beyond that point is not known. Before taking on the acting CFO role last November he was chief operating officer and was in charge of strategy.

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