Westpac CEO Gail Kelly
Westpac CEO Gail Kelly

Hockey praises retiring Westpac chief as great leader

TREASURER Joe Hockey paid tribute to retiring Westpac chief executive Gail Kelly, after she announced her departure on Thursday.

Ms Kelly announced she would leave the bank after seven years at the helm, during a tumultuous time in global finance.

In her final year as chief executive, Ms Kelly earned a whopping $12 million for her efforts.

After her announcement, Mr Hockey told reporters she was a great leader for women in Australia, and all finance leaders, and hoped she would "continue to serve the nation" in some capacity after she leaves the bank.

Ms Kelly will leave the bank in February next year, to be succeeded by current chief executive of the bank's Australian financial services arm, Brian Hartzer.

- APN NEWSDESK



bcu opens at Coffs Central

bcu opens at Coffs Central

The old firm in a new site

Payne to candidly share her life story

Payne to candidly share her life story

Inspirational jockey to tell her story at The Harbour Club

What to do in a powerline emergency

What to do in a powerline emergency

Tips on what to do if you hit a powerline.

Local Partners