Peter Hanlon to lead Westpac's transformation

AUSTRALIA'S second-biggest lender, Westpac, has appointed an executive to lead its transformation program.

AUSTRALIA'S second-biggest lender, Westpac, has appointed an executive to lead the bank's transformation program.

Peter Hanlon, the former retail and business banking chief, has been appointed group executive for people and transformation.

Rob Coombe, former BT Financial Group chief executive, will replace Mr Hanlon as group executive for retail and business banking. "We've established a multi-brand business model with the successful merger with St George, and we have built a strong one-team culture," chief executive Gail Kelly said. "The next phase of our transformation lies in significantly strengthening our focus on customers, people and productivity."

Mr Hanlon will be responsible for the customer and productivity elements of the transformation program.

Brad Cooper, who led the St George integration, will replace Mr Coombe as chief executive of BT Financial Group. All appointments take effect on February 1.

AAP