David McLean - Westpac Banking Acting CEO of Westpac New Zealand Limited

WEBNF Stock  USD 16.29  0.04  0.25%   

CEO

Mr. David Alexander McLean serves as Chief Executive Officer Westpac New Zealand Limited, a subsidiary Company of Westpac Banking Corporationration Since February 2015. Since joining Westpac in February 1999, David has held a number of senior roles, including Head of Debt Capital Markets New Zealand, General Manager, Private, Wealth and Insurance New Zealand and Head of Westpac Institutional Bank New Zealand, and most recently, Managing Director of the Westpac New York branch. Before joining Westpac, David was Director, Capital Markets at Deutsche Morgan Grenfell since 1994. He also established the New Zealand branch of Deutsche Bank and was New Zealand Resident Branch Manager. In 1988, David joined SouthpacNational Bank as a Capital Markets Executive. Prior to this, David worked as a lawyer in private practice and also served as inhouse counsel for NatWest NZ from 1985. David is a Barrister Solicitor of the High Court of New Zealand. since 2015.
Age 59
Tenure 9 years
Phone61 2 9155 7713
Webhttps://www.westpac.com.au

Westpac Banking Management Efficiency

Westpac Banking's management efficiency ratios could be used to measure how well Westpac Banking manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 146.87 B in total debt. Debt can assist Westpac Banking until it has trouble settling it off, either with new capital or with free cash flow. So, Westpac Banking's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Westpac Banking sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westpac to invest in growth at high rates of return. When we think about Westpac Banking's use of debt, we should always consider it together with cash and equity.
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company was founded in 1817 and is based in Sydney, Australia. Westpac Banking operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 34637 people. Westpac Banking [WEBNF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Westpac Banking Leadership Team

Elected by the shareholders, the Westpac Banking's board of directors comprises two types of representatives: Westpac Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westpac. The board's role is to monitor Westpac Banking's management team and ensure that shareholders' interests are well served. Westpac Banking's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westpac Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ewen Crouch, Non-Executive Independent Director
John Arthur, COO, Senior Company Secretary
Alastair Welsh, Acting Chief Executive Business
George Frazis, CEO - St.George Banking Group
BCom BCom, Chief Buses
LLB BCom, Chief Limited
Scott BA, Chief Technology
Gary Thursby, Chief Strategy Officer
Tim Hartin, Group Company Secretary
Peter King, CFO
Elizabeth Bryan, Non-Executive Independent Director
Alison Deans, Non-Executive Independent Director
Guilherme Lima, Chief Executive of Business division
Robert Elstone, Non-Executive Independent Director
Craig Dunn, Non-Executive Independent Director
Rebecca Lim, Company Secretary
BEc FCA, MD CEO
Anita Fung, Non-Executive Independent Director
Craig Bright, CIO
Alexandra Holcomb, Chief Risk Officer
Andrew Bowden, Head - Investor Relations
Margaret Seale, Non-Executive Independent Director
Philip Coffey, Deputy CEO
Peter Nash, Non-Executive Director
Mei Yuen, Director
Carolyn BA, Group Services
LLB BA, Chief Bank
Christine Parker, Group Executive - Human Resources & Corporate Affairs
Lyn Cobley, Group Executive - Westpac Institutional Bank (WIB)
Steven Harker, Non-Executive Independent Director
Ryan CFA, Chief Officer
Carolyn McCann, Group Executive - Customer & Corporate Relations
Brian Hartzer, CEO - Australian Financial Services
David Lees, Acting CFO
Peter Hawkins, Non-Executive Independent Director
Lindsay Maxsted, Non-Executive Independent Chairman of the Board
David Curran, CIO
David McLean, Acting CEO of Westpac New Zealand Limited
David Stephen, Chief Risk Officer
Nerida Caesar, Non-Executive Independent Director
Brad Cooper, CEO of BT Financial Group
Peter Marriott, Independent Non-Executive Director
David Lindberg, Chief Executive - Commercial & Business Bank

Westpac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Westpac Banking a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westpac Banking. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Westpac Banking's price analysis, check to measure Westpac Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westpac Banking is operating at the current time. Most of Westpac Banking's value examination focuses on studying past and present price action to predict the probability of Westpac Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westpac Banking's price. Additionally, you may evaluate how the addition of Westpac Banking to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Westpac Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westpac Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westpac Banking's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.