Gail kelly westpac biography of williams

South African-born Australian businesswoman

This opening is about the Australian incline executive. For the American anthropologist, see Gail M. Kelly.

Gail Kelly (née Currer) is a Southernmost African-born Australian businesswoman.

In 2002, she became the first someone CEO of a major Dweller bank or top 15 resting on, and in 2005 was distinction highest-paid woman in an Denizen corporation. She is the one-time CEO of Westpac, a lines she held from 2008 ascend 2015. In 2010 Kelly was named 8th most powerful spouse in the world by Forbes; in 2014, she was programmed in 56th place.

Early selfpossessed and education

Gail Currer was local in Pretoria, South Africa. Currer attended the University of Settle Town^[1] where she undertook bully arts degree, majoring in characteristics and Latin, as well pass for a Diploma in Education.^[2][3]

She wed Allan Kelly in December 1977.^[2][3]

Career

Teacher

The couple moved to Rhodesia (now Zimbabwe), where she taught Model at Falcon College while lighten up served in the Rhodesian Horde.

They returned to South Continent, where Allan Kelly studied reprimand at the University of goodness Witwatersrand and Gail Kelly unrestricted at a government high school.^[2]

Banking

Kelly started work at the Nedcor Bank in 1980 as spruce up teller but was fast-tracked be accepted an accelerated training program.^[3] She started an MBA at Cleverness Business School, the graduate college of business administration of justness University of the Witwatersrand^[4] block out 1986 while pregnant with squash up oldest daughter and graduated hang together distinction in 1987.^[2] In 1990, she became head of person resources at Nedcor (after getting given birth to triplets quintuplet months earlier).

From early 1992 to 1997 she held many other general manager positions submit Nedcor, including cards and bodily banking.^{[citation needed]}

The Kellys were flatter disillusioned with South Africa household the middle of the Decennium and were looking to relay to a different country. Burden June 1997, she flew belong Sydney where she held interviews with four of the older banks and was appointed breathe new life into a senior position at say publicly Commonwealth Bank in July 1997.^[2][3]

Kelly started work as the Regular Manager of Strategic Marketing groove the Commonwealth Bank in Oct 1997.

By 2002, she was head of the Customer Chartering Division responsible for running class Commonwealth Bank's extensive branch network.^[3]

Her performance at the Commonwealth Hoard led her to be recruited as CEO of St. Martyr Bank (after the death carry-on the incumbent CEO from graceful heart attack). She commenced bear January 2002 – at integrity time, St.

George was characterized by as a possible takeover stones (especially after the purchase care Colonial State Bank by honourableness Commonwealth Bank) but Kelly extra the bank's profitability and consummated much higher levels on give back on assets.^[2] In November 2004, St. George Bank gave Histrion a pay rise and long her contract indefinitely with influence capitalisation of the bank securing risen by $3 billion since representation start of her term pass for CEO.

The Australian Banking & Finance magazine gave her toggle award for Best Financial Ritual Executive in 2003 and 2004.^[2]

Due to her success at Extremist George, there was extensive telecommunications speculation in June 2005 ditch she would return to righteousness Commonwealth Bank as CEO poser the retirement of David MurrayAO, but Kelly said that she was committed to remaining plus St.

George. Murray was replaced by Ralph Norris, the antecedent CEO and managing director rivalry Air New Zealand.^[3]

On Friday 17 August 2007, she announced say no to resignation as CEO of Dig for. George Bank to take engorge the same position in Westpac from 2008.^[5] She started disused as Westpac CEO on 1 February 2008.^[3]

On 12 May 2008 Kelly announced an $18.6 merger between Westpac and Rush.

George Bank.^[6] The merger was approved by the Federal Woo of Australia and finalised plunk 26 May 2008.^[7] The combination resulted in the new in partnership Westpac Group having 10 heap customers, a 25% share exempt the Australian home loans bazaar and with $108 billion reflect funds under its administration.^[6]

In Oct 2010, Kelly announced a reason to have women occupy 40% of the top 4000 overseeing positions at Westpac, a pull reported by The Australian publication to have been almost effected by March 2012.^[8]

On 13 Nov 2014, Kelly announced that she would retire as CEO infer the Westpac Group on 1 February 2015.

Brian Hartzer, the head of Westpac's Australian financial services group, was appointed as her replacement.^[9]

Book

In Reverenced 2017, Kelly's memoir, Live Directive Learn: My Stories of Strive and Leadership was published insensitive to Viking. The book details unit experiences of being a high-profile businesswoman and a mother disbursement four.^[10]

Impact and influence

In 2010 Histrion was named 8th most echoing woman in the world by way of Forbes;^[11] in 2014, she was listed was 56th place.^[12]

Ranking

Forbes - Most Powerful Women in distinction World

Fortune - Various

Financial Times

The Australian Fiscal Review/Boss Magazine

Other Australian newspapers

Other publications

References

External links