Former Banksia boss joins major bank

The former chief executive of Banksia Financial Group has been named the national head of broker distribution for one of Australia’s biggest banks.

Westpac today appointed Warren Shaw to the newly created role of national head of Westpac broker distribution, effective immediately. Reporting to Tony Macrae, general manager, third-party distribution, Consumer Bank Westpac, Mr Shaw will have responsibility for the Westpac brand third-party business.

“Warren has a strong reputation across the industry, with a successful career in operational, strategic and large people leadership roles,” Mr Macrae said.

“Importantly, Warren has a deep understanding of the home loan and broker markets and a track record in delivering growth,” he said.

“Warren will make a huge contribution to our team, focussing on delivering exceptional support for brokers and aggregators while maintaining our industry leading proposition.”

Mr Shaw joins Westpac from The Banksia Financial Group where he was CEO. Prior to this he held a number of executive positions at NAB including executive general manager, retail and regional general manager for mortgages and consumer insurance.

"Westpac has a strong reputation throughout the broking industry, I'm looking forward to building on this while also creating new relationships and identifying opportunities to grow our business,” Mr Shaw said.

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