Westpac (ASX:WBC) announced that its chief financial officer, Michael Rowland, will retire in 2025. Rowland has worked for the bank since 2020.
CEO Anthony Miller welcomed Rowland’s contributions, highlighting his role in strengthening Westpac’s financial position and supporting sustainable returns for shareholders.
“Michael has played an important role in Westpac’s financial management since the disruption caused by COVID-19 and has been instrumental in establishing Westpac’s strong position,” Miller said.
Miller described Rowland as a “team player known for his characteristic blend of dedication, attention to detail and sense of humor.”
Rowland will remain in his role while Westpac searches for his successor.
Westpac shares closed 0.71% higher at $32.64 yesterday. Since the start of the year, they are up 41.42%.
