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

Banking award winner
Companies
Women in Leadership

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

Jun 25, 2024 – 5.00am

Email LinkedIn Twitter Facebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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”.

Email LinkedIn Twitter Facebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Introducing your Newsfeed

Follow the topics, people and companies that matter to you.

Find out more

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.