Jason Yetton stages one of greatest comebacks in Australian banking
As he takes the reins of Westpac’s retail bank again – a position he held under Gail Kelly – the former rising star will dig deep to fix a range of problems.
At Westpac, what is old is new again. The return of Jason Yetton – who will take the reins of Westpac’s retail bank for the second time next month – represents one of the great comebacks in Australian banking.
Like Lazarus, the role is a second coming for Yetton, who previously held the gig between 2011 and 2015, during the tenure of Gail Kelly. Unlike today, that was a time when its mortgage book was humming, and Westpac was on the ascendancy.
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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
