Westpac Appoints New CEO

(12 September 2024 – Australia) Westpac has appointed an internal candidate to succeed CEO Peter King, with Anthony Miller tapped to step into the top job from December.

Anthony Miller, a 54-year-old former Deutsche Bank investment banker, said his immediate priorities would be the full implementation of a long running risk overhaul program and kicking off the bank’s high value technology upgrade. His promotion ends the transition period from outgoing CEO Peter King, who retires after three decades at Westpac on 16 December.

“In our search for a CEO, we looked for an executive who is customer-focused with a proven record of performance and a deep understanding of the Australian market. Anthony is that executive. He has a vision to return Westpac to a position of leadership and build on the foundational work of the past five years” stated Westpac Chairman Steven Gregg.

“Westpac is an exceptional company that plays a profoundly important role in the lives of millions of Australians. I’m excited by the opportunity and I’m grateful for Peter’s significant contribution as CEO. My aspiration is to build on that work and unleash Westpac’s true potential” Miller commented on his appointment.

“I want Westpac to be a bank that’s built on trust and reliability – always there to help our customers through every one of life’s moments.”