This is potentially a really positive move by WBC. New board member with real world skills, great background in risk & understands finance. But the announcement looks like it's been written by a junior in the PR team : cut / paste from his CV / Linkedin profile, and brief comment from the Chairman. Whilst the roles he held previously are nice to see, what did he actually achieve in those roles, is far more important. What's his biggest achievement, and why does he make a good appointment for WBC. Chris has a broad history across a range of businesses, and as CFO did X, as CEO did Y. His risk knowledge is very strong, believes in business growth, but understands the important of controls, given his background in International markets, etc etc. As usual too much fluff in the new directors announcement, and not enough detail (as shareholders we deserve more than just another bland appointment document). Just another straight down the line announcement, can't give detail or the writer (Bank) might be held accountable in future if the appointment doesn't work out. Best of luck Chris, and here's hoping you can turn the fortunes of WBC around.
WBC Price at posting:
$17.70 Sentiment: Hold Disclosure: Held
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