Westpac has appointed Anthony Miller as its next Group Chief Executive Officer, effective 16 December 2024. Miller, who currently serves as Chief Executive of Westpac's Business and Wealth division, will take over from Peter King, who is retiring after five years in the group chief executive role and a career spanning three decades at the institution. The announcement was made on 9 September 2024.
CAREER BACKGROUND
Before joining Westpac in 2020, where he first ran the Institutional Bank, Miller spent 16 years at Goldman Sachs, including as a partner, and then held senior positions at Deutsche Bank, where he served as Chief Executive for Australia and New Zealand and as co-Head of the Investment Bank for Asia Pacific.
The division serves both small and medium-sized enterprises and larger corporate clients while also managing the bank's wealth management activities.
Peter King stepped into the CEO role in late 2019. King's 30-year tenure at Westpac encompassed multiple senior roles before he reached the top job. The board acknowledged his contribution, with Chair Steven Gregg saying King leaves a significant legacy.
TRANSITION TIMETABLE
Westpac did not announce changes to the broader executive committee structure at the time of the appointment.