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


HEARTWARMING: How Laidley rescue dog found loving new home

Premium Content HEARTWARMING: How Laidley rescue dog found loving new home

A LAIDLEY rescue dog has found its furever home after being posted for adoption on...

Lockyer Valley man 4x limit busted driving into McDonald’s

Premium Content Lockyer Valley man 4x limit busted driving into McDonald’s

A MAN with a history of drink driving has pleaded for a probation order in...

Millions in COVID fines, penalties unpaid

Premium Content Millions in COVID fines, penalties unpaid

Nine out of 10 people issued with COVID penalty have not paid