Genworth has appointed Pauline Blight-Johnston as its chief executive. She takes over from acting chief executive Duncan West who will remain an independent non-executive director. Blight-Johnston joins from KPMG where she was a partner in actuarial and financial risk since October 2019. Prior to that, she was general manager group strategy at Challenger and group executive, insurance, superannuation and risk management at AMP. Blight-Johnston also held executive roles at RGA Australia and Asteron Life.
HSBC Bank Australia has appointed Kaber Mclean as its new chief executive. He takes over from interim chief executive Noel McNamara who has held the role since June 2019. Mclean joined HSBC in 1996 and was chief executive of HSBC Japan. He was recently head of wholesale credit and market risk for Asia Pacific and head of remediation office in Asia Pacific. McNamara will continue on as chief risk officer.
Former ANZ chief executive John McFarlane has been appointed as chair of Westpac, replacing outgoing chair Lindsay Maxsted. McFarlane was most recently chair of Barclays and prior to that, Aviva. He was chief executive of ANZ for 10 years and chair of the Australian Bankers’ Association for two years. McFarlane is currently a director of Old Oak Holdings in the United Kingdom and director of Unibail-Rodamco-Westfield SE.
Linda Da Silva has been appointed as chief information officer (CIO) at ING Australia. She joins from Westpac where she was most recently chief transformation director, consumer, strategy and enterprise services and previously CIO of BT Financial Group. Prior to that she held a series of executive technology roles within the bank.
ING Australia has appointed John Laker as chair. Laker has over 45 years’ experience in finance and was chair of the Australian Prudential Regulation Authority for 11 years. He is a founding director of the Centre for International Finance and Regulation and worked at the Reserve Bank of Australia. Laker also worked for the Commonwealth Treasury and the International Monetary Fund (IMF). He is also deputy chancellor of the University of Technology Sydney, member of the Experts Panel of the IMF and director of Cancer Council NSW and Cancer Council Australia.
AMP Capital has announced a new fund management team for the AMP Capital Diversified Property Fund. Tom Green has been promoted to fund manager from assistant fund manager and Andrew Jeffs as deputy fund manager. Green takes over from Brett Williams who has been appointed as managing director of retail within the real estate business. Green has been with AMP Capital since 2017 when he joined as assistant fund manager or AMP Capital Wholesale Office Fund. Prior to that, he was associate director of capital markets at Colliers International and a senior fund analyst at Lendlease. Jeffs joins from Lendlease where he was most recently head of retail operations, investment management. Prior to this he was general manager business operations, and business transformation manager.
T Rowe Price has appointed Sam Ruiz as its first Sydney-based portfolio specialist. He will work alongside the firm’s Australian equities and global investment teams to support portfolio managers and provide technical investment expertise to retail and institutional clients in Australia. Ruiz joins from Macquarie Asset Management where was for over 9 years. He was most recently head of investment strategy and solutions, Asian listed equities. Prior to that he was a paraplanner at Beyond Bank.