management

Westpac Announces Management Overhaul


Westpac Banking Corporation (ASX:WBC) has announced the creation of two new divisions for the company as they plan for a management overhaul. The company has established the Australian Financial Services (AFS) division that encompasses units including Westpac Retail and Business banking, St. George Banking and BT Financial Group. The Group Services division, on the other hand, encompasses technology, banking operations, property services and legal.

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