Powered by MOMENTUM MEDIA
subscribe to our newsletter
Former Westpac CEO to join ING

Former Westpac CEO to join ING

ING Group has proposed the appointment of a former Westpac chief to its supervisory board.

The global bank said it proposed Ann Sherry based on her background in the finance sector and her knowledge and experience in both managing and supervising large international companies.

“With her successful track record, Ann Sherry will be a valuable addition to the supervisory board of ING,” it said.

Advertisement
Advertisement

Ms Sherry, who has been a director of ING Direct Australia since 2011, is also chairwoman of cruise ship operator Carnival Australia. She is a former CEO of Westpac New Zealand and Bank of Melbourne.

Before joining Westpac, Ms Sherry was first assistant secretary of the Office of the Status of Women, advising the prime minister on policies and programs to improve the status of women.

Ms Sherry was awarded an Order of Australia in 2004 for promoting corporate management policies and practices that addressed issues associated with gender, family life and social justice.

Commenting on her proposed appointment, Ms Sherry said she is delighted to be recommended by ING Group.

“The global banking industry is changing rapidly, with customers demanding more control and transparency with their financial relationships”, she said.

“Creating a differentiating customer experience is at the heart of ING Group’s strategy, and I believe my experience in both the banking and hospitality business will contribute to its success,”

The proposed appointment of Ms Sherry is subject to approval by the European Central Bank.

[Related: ING Direct CEO announces retirement]

Former Westpac CEO to join ING
mortgagebusiness

 

Latest News

The Coalition government’s return to office has lifted the sentiment of property investors, which is likely to trigger a “bounce” in m...

The corporate regulator’s new product intervention powers have been welcomed by the CEO of the Financial Rights Legal Centre, in the hope ...

Expectations of a cut to the official cash rate have been heightened after RBA governor Philip Lowe conceded that an adjustment may be “ap...

FROM THE WEB
podcast

LATEST PODCAST: How the mortgage sector will be impacted by the federal election

Do you think the banking royal commission recommendations could negatively impact competition in the mortgage market?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.