Westpac has poached Anthony Miller, the chief executive of Deutsche Bank Australia and New Zealand, to run Westpac’s institutional banking division.
Westpac chief Peter King on Wednesday announced the appointment of Mr Miller, who has been in corporate and institutional banking for more than two decades, also previously working at Goldman Sachs.
Mr Miller is replacing Lyn Cobley, one of three senior Westpac executives who have announced they would leave the bank in recent months.
Mr King said: “Anthony has extensive global experience in institutional banking and, with his international background, will also bring broader risk management experience to the team. He has been in client-facing roles for the past 20 years and has deep banking and financial markets experience, which will be invaluable as we work to further strengthen our relationships with our corporate and institutional clients.”
Mr King, who formally became CEO in April, still has key executive vacancies in the roles of CEO of consumer banking and chief information officer.