Looks like the media is trying to drag Westpac GM and former...

Looks like the media is trying to drag Westpac GM and former rising star Di Challenor into the Austrac crisis. She is mentioned in a number of articles, including 'Westpac papers reveal trail of failure' in the AFR in which her smiling face and very expensive diamond ring appear in an infographic of the horror timeline. A picture tells a thousand words.

Di Challenor is of course the Westpac nominated director on the Zip board.

Poor old Zip. As if having Westpac on the share register wasn't bad enough, questions are being asked (rightly or wrongly) about how much their director knew about the money laundering and child exploitation scandal going on using the products she had responsibility for.

Reputation matters and Zip, which seems destined for greatness, won't want to be dragged into the mess by Westpac, a shareholder who promised the world two years ago but seems to have delivered very little since.

Unless the dust settles quickly, Di Challenor will need to be replaced on the Zip board. The sooner the better in my view.