Westpac Group has confirmed that chief financial officer, Peter King, will act as chief risk officer (CRO) from 25 June 2018 following the departure of long-serving incumbent, Alexandra Holcomb.
King will act in the role until the commencement of permanent CRO, David Stephen, later in the year. Deputy chief financial officer, David Lees, will, in turn, act as chief financial officer.
An exact date for Stephen's commencement is yet to be confirmed.