Australia: Westpac whirlwind sweeps up St George

Just a few months into the chief executive role at Westpac, Gail Kelly has bought out her former employer, St George Bank. A convinced advocate of the power of branding, Kelly has pledged that St George will retain its identity. Chris Wright spoke to Kelly about the prospects for the combined entity.

Australia: Westpac whirlwind sweeps up St George

What sort of bank will Westpac and St George be?

Gail Kelly, Westpac

“To have customers who are delighted by their bank – that’s a huge challenge. And I’m up for that challenge”

Gail Kelly, Westpac

AS GRAND ENTRANCES go, Gail Kelly’s start at Westpac takes some beating. She began work as chief executive of the bank, one of the Big Four that dominate Australia’s financial landscape, in February. Just three months later, she struck a transformational $18 billion deal to acquire another bank – and not just any bank, but the one she’d recently left – St George Bank.

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