Posted

November 26, 2019 08:16:47

Westpac’s chief executive Brian Hartzer will step down, with his resignation effective from December 2.

It comes after the bank was sued by the financial intelligence agency AUSTRAC for allegedly committing 23 million breaches of Australia’s anti-money laundering laws.

The bank’s chairman Lindsay Maxsted also confirmed he would bring forward his retirement to the first half of 2020.

More to come.

Topics:

business-economics-and-finance,

australia

Fonte: http://www.abc.net.au/news/2019-11-26/westpac-chief-brian-hartzer/11737864

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