Westpac NZ appoints Catherine McGrath as new CEO

Catherine McGrath has recently returned to NZ. (Photo: Supplied)

Fri, 24 Sep 2021

Westpac New Zealand has bypassed acting chief executive Simon Power and appointed returning expatriate Catherine McGrath to replace David McLean who bowed out in June.McGrath has recently returned to NZ from London where she has been head of channels at Barclays Bank. She has held other senior roles at Barclays since 2013.Peter King, chief executive of the NZ bank's Australian parent, says McGrath is an experienced and well-respected financial services leader. "The Westpac NZ board and I are delighted she has accepted this critica...

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