Westpac announces new Acting GE Enterprise Services

ASX
Release

28 NOVEMBER 2019

Westpac announces new Acting Group Executive Enterprise Services
Westpac Group today announced that Alastair Welsh has been appointed Acting Group
Executive Enterprise Services while Gary Thursby acts in the role of Chief Financial Officer.
Incoming Acting Chief Executive Officer Peter King said: “Al is an experienced member of the
senior leadership team and has provided more than 25 years of service to the Westpac Group.
He has done an excellent job leading the Business division since the reset of our wealth
strategy earlier this year.
“As Acting CEO, my immediate priorities for the business will be to implement the response plan
announced on Sunday and to ensure continued execution of the Group’s broader strategy.
“Al’s strong relationships and extensive banking experience will help ensure we maintain the
focus on our business agenda,” Mr King said.
The Group Executive Enterprise Services is responsible for leading the Group’s operations
functions, property and procurement, remediation and coordination of the Group-wide
transformation.
Mr Welsh has been acting in the role of Chief Executive Business since April 2019, with
Westpac announcing Guilherme (Guil) Lima as new Chief Executive Business in June. Mr Lima
will start with the bank on 2 December.

For further information:
David Lording Andrew Bowden
Media Relations Investor Relations
0419 683 411 0438 284 863