Global Fintech Leader Zafin Welcomes Nicholle Lindner as Senior Vice President, APAC to Spearhead Growth in Australia and New Zealand
Lindner brings more than 20 years of experience to the role and will support the expansion of Zafin’s innovative platform across the broader APAC region
May 12, 2021 17:04 ET | Source: Zafin Zafin Vancouver, British Columbia, CANADA
SYDNEY, Australia, May 12, 2021 (GLOBE NEWSWIRE) Zafin, the world’s leading SaaS cloud-native product and pricing platform for the next generation of banking, today announces the addition of industry leader Nicholle Lindner as senior vice president of the Asia Pacific region (APAC). Ms. Lindner will lead Zafin’s strategic expansion in the APAC banking sector by spearheading sales and customer engagement strategies.
Westpac NZ boss exits amid demerger talks 1 minute read 03 May 2021
The chief executive of Westpac’s New Zealand business has announced that he will retire after more than 20 years with the group as the big four bank eyes a potential demerger.
David McLean joined Westpac in 1999 and held a number of senior roles across retail and institutional banking before being appointed CEO of the New Zealand business in 2015. He will remain in the role until 25 June, at which time institutional business manager Simon Power will take over pending a global search for his replacement.
“David has been with Westpac for more than two decades and has held a number of senior roles in that time. He has made a significant contribution to the company, including playing a pivotal role in driving growth in the New Zealand business while lifting the bank’s support for New Zealanders,” said Westpac chief Peter King.
Westpac
Westpac New Zealand Limited Chief Executive Officer, David McLean has today announced he will be retiring after more than 20 years with the Group.
Mr McLean joined Westpac New Zealand in 1999 and held a number of senior roles across retail and institutional banking, before being appointed CEO Westpac New Zealand Limited in February 2015.
Westpac Group CEO, Peter King, thanked Mr McLean for his contribution during his long tenure.
“David has been with Westpac for more than two decades and has held a number of senior roles in that time. He has made a significant contribution to the company, including playing a pivotal role in driving growth in the New Zealand business while lifting the bank’s support for New Zealanders.
Decision on Westpac NZ review likely to made within months, exiting chief executive says
3 May, 2021 04:00 AM
6 minutes to read
Westpac New Zealand chief executive David McLean is to retire. Photo / Brett Phibbs
Westpac is likely to make a decision on the review of its New Zealand business within months, outgoing New Zealand boss David McLean believes. McLean, who has been with Westpac for 22 years, will retire on June 25, with Simon Power to step into an acting CEO role while the bank undertakes a search for a successor.
McLean said the review of the New Zealand business, which was announced in March, was part of his retirement decision making.
Westpac H1 Profit Surges
CANBERA (dpa-AFX) - Australia s Westpac Group (WBC.AX, WBK) reported that its statutory net profit for the first-half of 2021 was A$3.44 billion up 189% from last year, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook.
Cash earnings were A$3.54 billion, up 256% from the previous year. Excluding notable items, cash earnings were A$3.82 billion, up 60% from the previous year.
The company reported cash earnings per share of 97 cents, more than tripled from the prior year.
Westpac was targeting an A$8 billion cost base by financial year 2024 to materially improve its efficiency. A significant reset is required to ensure the business is cost competitive over the long term, particularly as it navigates the pandemic s recovery phase and an extended low-rate environment, the company said.