WBC westpac banking corporation

News: WBC Australia's Westpac amends CEO's contract for him to serve longer

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    Oct 30 (Reuters) - Westpac Banking Corp (WBC) on Friday said it will remove a two-year term limit on its newly-appointed chief executive officer, Peter King, allowing him to serve for longer as the bank looks to regain trust and overcome the COVID-19 crisis.

    King was appointed CEO in April this year after his predecessor resigned in the aftermath of a lawsuit against Westpac accusing it of enabling millions of payments to people exploiting children.

 
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