Westpac hires Scott Collary as new COO
Westpac has announced the appointment of Scott Collary as its new chief operating officer.
Scott Collary, Westpac
Collary joins the bank from Bank of Montreal in Canada. His prior role was as chief information and operations officer for North American personal and business banking.
He also spent two years as chief information officer at ANZ, and six years as chief information officer at Citigroup North America.
Collary is due to commence his role later this year, subject to regulatory approvals.
“Scott has extensive experience working in senior financial services roles leading large global teams,” says Peter King Westpac group chief executive.
“He has a proven track record of delivering large-scale transformation programs at major international banks that improve operating and technology performance.”
Westpac has also taken the opportunity to announce the departure of group executive Gary Thursby.
Thursby has spent 13 years at the bank, and over the last nine months worked as group chief financial officer. Prior to that he held roles as chief strategy officer, and chief financial officer for financial services.
“Gary has made a significant contribution across a broad range of roles, as well as running enterprise services and more recently acting CFO,” says King.
“He has been instrumental in developing the organisation’s strategy, including Westpac’s fintech investments, as well as overseeing the implementation of open banking and driving efficiencies in the bank’s operations.”
Related: Regional Australia Bank approves first Aussie open banking loan
