Westpac Banking Corp's experienced anti-money laundering chief was told she didn't have the skills for the job and would have to take a more junior role after informing the bank that it faced the largest fine in corporate history, industry sources said.
Amanda Wood was Westpac's money-laundering reporting office and head of anti-bribery and corruption.
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Aaron Patrick is the senior correspondent. He writes about politics and business from the Sydney newsroom. Email Aaron at apatrick@afr.com