Financial Schools Reviews

Gail Kelly, chief executive of Australian banking major Westpac, has appointed a veteran of the lender Jane Kittel, as the new chief of its South Australian unit Bank SA.

Ms. Kittel has worked at Westpac for 15 years, and served most recently as the general manager of Westpac’s Pacific banking operations. Kittel will be taking over the role at Bank SA from Rob Chapman, who himself was elevated to the position of chief executive of another Westpac unit St. George.

Mrs. Kelly lauded Ms. Kittel as one of the lenders most experience executives, who successfully steered Wetspac’s Pacific region though a volatile last few years.

The Pacific operations of Westpac employ roughly 1200 people across the islands of Fiji, Samoa, Vanuatu, the Cook Islands, Tonga and Paua New Guinea. The division generated $102 million in earnings, up 10 per cent from the previous financial year.

Last month Westpac anointed Rob Chapman as chief executive of St. George. Mr. Chapman replaces Westpac Stalwart Greg Bartlett. Westpac acquired St. George for $15 billion in 2008.

Ms Kittel will assume the role on October 1, 2010.

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