WBC News: Australia's Westpac splits consumer and business banking unit into two - 19th Jul 2023, 5:39pm

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(Reuters) - Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, effective Aug. 1.

The bank said Chris de Bruin, currently head of the combined unit, will leave and named Jason Yetton as CEO of the consumer business and Anthony Miller as CEO of the business and wealth division.

Westpac also promoted Nell Hutton to head its institutional bank unit.

These changes come at a time when Australia's biggest banks are...

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