The powerful body advising industry super funds has backflipped on its push to see more heads roll on the Westpac board, confirming it will back the re-election of director Peter Marriott at the shareholder meeting next month.
ACSI CEO Louise Davidson said: "Our view is now that the board needs some really clear air to focus on the issues that have been identified in the AUSTRAC statement of claim." Wayne Taylor
Loading...
James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
