Westpac announces Board changes

ASX
Release
4 February 2021
Westpac announces Board changes
Westpac Banking Corporation has today announced the appointment of Dr Nora
Scheinkestel LLB (Hons), PhD, FAICD as an independent Non-executive Director with
effect from 1 March 2021. Dr Scheinkestel will be a member of the Board Risk Committee
and the Board Remuneration Committee upon her appointment.
D
r Scheinkestel is a highly experienced company director having served as a non-
executive director across a range of public and private companies and government
boards. She has also been a member of the Takeovers Panel. Prior to her Board roles, Dr
Scheinkestel was a senior banking executive and lawyer specialising in Australian and
international project finance.
D
r Scheinkestel is currently a non-e xecutive Director of Telstra Corporation Limited,
Brambles Limited and AusNet Services Limited and is an Associate Professor in the
Melbourne Business School at the University of Melbourne. In 2003, Dr Scheinkestel was
awarded a centenary medal for services to Australian society in business leadership.
W
estpac Chairman, John McFarlane said, “We are very pleased to welcome Nora to the
Board. Nora has extensive board experience across a range of industries and her financial
and risk management expertise and deep understanding of governance will complement
the Board’s collective skills.”
W
estpac has also announced that Craig Dunn intends to retire from the Board at the
conclusion of Westpac’s 2021 Annual General Meeting. M r Dunn joined the Board in 2015
and in that time has served on various Board Committees including the Board Risk,
Remuneration and Nominations & Governance Committees.
M
r McFarlane said, “I would like to thank Craig for his ongoing contribution to Westpac.
Craig has been an integral member of the Board and an outstanding shareholder
representative. Craig will retain his current Board Committee roles while ensuring a
smooth transition of the Remuneration Committee Chair prior to his retirement.”
For
further information:
David Lording Andrew Bowden
Group Head of Media Relations Head of Investor Relations
0419 683 411 0438 284 863
T
his document has been authorised for release by Tim Hartin, General Manager & Company
Secretary.
Level 18, 275 Kent Street
Sydney, NSW, 2000