Westpac Appoints Catherine McGrath As CEO of Westpac New Zealand

(Source:BCCJ Acumen)

Westpac, an Australian bank and financial services provider, recently announced the appointment of Catherine McGrath as Chief Executive Officer, Westpac New Zealand.

The appointment will be effective from 15 November 2021, subject to regulatory approvals in Australia and New Zealand. 

As seen on her Linkedin profile, Ms McGrath will join Westpac from Barclays Group, where she had held a number of executive roles since 2013. Prior to joining Barclays, she worked at ASB Bank, a bank owned by Commonwealth Bank of Australia. During her tenure of office, she held senior positions across the bank including strategy, lending, deposits, customer analytics & pricing, cards, transactions and payments.

Ms McGrath's career began at National Australia Group, where she spent for 1 year. Earlier in her career, Ms McGrath also spent four years with Lloyds TSB Bank. 

​“Catherine is an experienced and well-respected financial services leader. The Westpac New Zealand Board and I are delighted she has accepted this critical role leading the New Zealand business and as a member of the Westpac Group Executive Team. Westpac New Zealand is a strong business that has been serving New Zealanders for 160 years. In our recent portfolio review of the business, we identified ways to improve service for customers, including improving our digital capabilities, an area in which Catherine has considerable management expertise." commented Westpac Group CEO Peter King.