Westpac Announces New Group Executive Appointment

Media
Release

18 May 2018

WESTPAC ANNOUNCES NEW GROUP EXECUTIVE APPOINTMENT

Westpac Group Chief Executive Officer (CEO), Brian Hartzer, today announced the
appointment of Carolyn McCann to the new position of Group Executive, Customer & Corporate
Relations. Ms McCann is currently Westpac’s General Manager, Corporate Affairs and
Sustainability.

Mr Hartzer said the creation of the new role recognises the importance of setting high service
standards and quickly resolving customer issues in managing the bank’s relationship with its
customers and the broader community.


“Westpac aspires to be one of the world’s great service companies, delivering superior
customer service and helping our customers to meet their financial goals.


“Appointing a Group Executive to oversee our customer resolution teams, alongside our
corporate affairs and sustainability functions, is an important step in meeting our commitment to
delivering superior customer service.

“We are committed to running Westpac in a way that is fair to customers and supports them
over the long term. And while we’re making good progress on our commitment to “get it right” in
the first place, it’s also important that we “put it right” for our customers when things go wrong.

“It’s clear that in a number of instances we have been too slow in resolving genuine customer
issues. This is not good enough. Customers have a right to expect fair, timely, and effective
resolution if they believe they have a concern or complaint.

“The new Customer & Corporate Relations division will raise the importance and urgency
around both objectives, as well as maintaining open lines of communication with all of our
stakeholder groups so that we can identify and resolve the root causes of any new issues.

“Carolyn’s appointment to the Group Executive team will ensure that our customer agenda and
any emerging customer issues stay front and centre at the highest levels of the Bank.

“Carolyn is a highly experienced executive who is well known across the bank for her passion
for our customers and our service-oriented culture,” Mr Hartzer said.

Ms McCann joined Westpac in 2013 with responsibility for external affairs, communications,
government relations and sustainability across the Westpac Group.

Prior to joining Westpac, Ms McCann spent 13 years at Insurance Australia Group in various
positions, including Group General Manager, Corporate Affairs & Investor Relations, where she
had responsibility for corporate affairs, investor relations, brand integrity, government relations
and stakeholder engagement.

Ms McCann’s appointment is effective Monday 18 June 2018.

-ENDS-
For Further Information
David Lording – Media
M. 0419 683 411
Andrew Bowden – Investor Relations
M. 0438 284 863