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The ‘utterly shocking’ moment that made Westpac leader want to flee

The ‘utterly shocking’ moment that made Westpac leader want to flee

Siobhan Toohill, the winner of the Financial Services - Banking category, faces a new frontier after 10 years leading Westpac’s sustainability efforts, including convincing the board to ditch new oil and gas projects.

Ayesha de KretserSenior reporter

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Siobhan Toohill’s first thought was to run for the exit at Westpac after the financial crime regulator revealed that one of its products had been used to facilitate online sexual exploitation of children.

Toohill, then Westpac’s chief sustainability officer, describes the moment as “utterly shocking”.

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Ayesha de Kretser
Ayesha de KretserSenior reporterAyesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au

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Original URL: https://www.afr.com/women-of-influence/the-utterly-shocking-moment-that-made-westpac-leader-want-to-flee-20240522-p5jfq6