Westpac announces leadership changes

Westpac CEO Peter King has announced the appointment of Peter Herbert to the position of acting CEO, business and wealth. These changes come into effect from 5 November.

Currently, Herbert is the chief operating officer, business and wealth. He will replace Anthony Miller, who begins as Westpac CEO on 16 December.

“Peter is an accomplished, engaging and accessible leader who has built a culture of innovation since joining Westpac,” said King.

“He will provide stable and experienced leadership to the Business & Wealth division when Anthony steps into my role at the end of the year.

“This change will also allow Anthony to spend time with me in a handover period before he begins as CEO.”

According to Westpac, this position is temporary while searches for a permanent CEO, business and wealth, are ongoing.

Herbert joined Westpac in 2020 after a seasoned career at HSBC including as COO, Asia Pacific, retail banking and wealth management.

Jack Campbell is the editor of Broker Daily. After graduating from the University of Wollongong in 2022, Jack began his journalistic career working on Broker Daily’s sister brand, HR Leader. In August 2023 he was made the news editor and worked alongside some talented journalists writing articles and recording podcasts.

To reach Jack, email him at: This email address is being protected from spambots. You need JavaScript enabled to view it.