Westpac has filled the gap in its senior management ranks left by the retirement of Westpac Institutional Bank chief executive Lyn Cobly in May, appointing investment banker Anthony Miller as its new WIB CEO.
Miller is moving to Westpac from Deutsche Bank, where he was Australia and New Zealand chief executive and co-head of investment bank Asia Pacific. He worked at Goldman Sachs for 16 years before that.
He has a law degree from Queensland University of Technology. His CV is quiet about his career after leaving university in 1992, except to say that he worked in commercial law in Sydney before moving to Goldman Sachs in 2001.
Miller’s appointment comes hot on the heels of the bank’s appointment of KPMG partner Michael Rowland as its new chief financial officer. Rowland is a partner in KPMG’s management consulting practice, where he 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.
There has been plenty of change in the bank’s senior ranks this year. Other appointments include giving long-time Westpac executive Les Vance the role of group executive financial crime, compliance and conduct.
The former general manager of Westpac’s retail and business bank, Jason Yetton, was brought back in May to head a new specialist business division, which is reviewing a number of sub-scale businesses.
There have also been plenty of departures. In May, chief executive consumer David Lindberg and chief information officer Craig Bright, resigned.
In April, the bank’s head of government affairs for wealth, Blake Briggs, moved to the Financial Services Council, where he has been appointed deputy chief executive.