UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

September 12, 2019

 

Commission File Number 1-10167

 

WESTPAC BANKING CORPORATION

(Translation of registrant’s name into English)

 

275 KENT STREET, SYDNEY, NEW SOUTH WALES 2000, AUSTRALIA

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F             x                         Form 40-F             o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

 

 

 


 

Incorporation by Reference

 

The information contained in this Report on Form 6-K, excluding the information set forth in Exhibit No. 1, shall be incorporated by reference in the prospectuses relating to the Registrant’s securities contained in the Registrant’s Registration Statements on Form F-3 (File Nos. 333-228295, 333-228294 and 333-220373), as such prospectuses may be amended or supplemented from time to time.

 

On September 12, 2019, Westpac announced that Peter King, Chief Financial Officer, has decided to retire in 2020.

 

Mr King has given 12 months’ notice and will continue in his role until a successor is appointed following an international search.

 

Index to Exhibits

 

Exhibit
No.

 

Description

 

 

 

1

 

ASX Release — Westpac CFO Peter King to retire in 2020

 

Disclosure regarding forward-looking statements

 

The information contained in this Report on Form 6-K contains statements that constitute “forward-looking statements” within the meaning of section 21E of the U.S. Securities Exchange Act of 1934.  Forward-looking statements are statements about matters that are not historical facts.  Forward-looking statements appear in a number of places in this Report and include statements regarding our intent, belief or current expectations with respect to our business and operations, market conditions, results of operations and financial condition.

 

We use words such as ‘will’, ‘may’, ‘expect’, ‘indicative’, ‘intend’, ‘seek’, ‘would’, ‘should’, ‘could’, ‘continue’, ‘plan’, ‘aim’, ‘probability’, ‘risk’, ‘forecast’, ‘likely’, ‘estimate’, ‘anticipate’, ‘believe’ or other similar words to identify forward-looking statements.  These forward-looking statements reflect our current views with respect to future events and are subject to change, certain risks, uncertainties and assumptions which are, in many instances, beyond our control and have been made based upon management’s expectations and beliefs concerning future developments and their potential effect upon us. There can be no assurance that future developments will be in accordance with our expectations or that the effect of future developments on us will be those anticipated.  Should one or more of the risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results could differ materially from the expectations described in this Report.  Factors that may impact on the forward-looking statements made include, but are not limited to, those described in the section entitled ‘Risk factors’ in Westpac’s 2019 Interim Financial Results on Form 6-K filed with the U.S. Securities and Exchange Commission.  When relying on forward-looking statements to make decisions with respect to us, investors and others should carefully consider such factors and other uncertainties and events.  We are under no obligation, and do not intend, to update any forward-looking statements contained in this Report, whether as a result of new information, future events or otherwise, after the date of this Report.

 

2


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

WESTPAC BANKING CORPORATION

 

 

(Registrant)

 

 

 

 

 

 

 

 

Date:

September 12, 2019

By:

/s/ Yvette Adiguzel

 

 

 

Yvette Adiguzel

 

 

 

Associate Director

 

3


Exhibit 1

 

 

ASX

Release

 

 

 

Westpac CFO Peter King to retire in 2020

 

12 September 2019

 

 

Westpac Group Chief Executive Officer Mr Brian Hartzer today announced that Peter King, Chief Financial Officer, has decided to retire in 2020 after a distinguished 25-year career with Westpac.

 

Mr King has been the CFO since 2014 and prior to his current role was Deputy CFO.

 

Mr Hartzer said that Westpac had benefited from Peter’s deep financial services knowledge and understanding of all aspects of the business.

 

“Peter has played a critical role during a period of major change in Australian banking and as a result of his expertise and dedication, Westpac is a better and stronger bank,” Mr Hartzer said.

 

“During his time as CFO Peter has overseen a significant increase in the strength of our balance sheet, including the implementation of new capital, funding, and liquidity requirements. In addition, he has helped deliver a significant increase in investment to modernise and digitise our business, a reshaping of our business portfolio, and material improvements in productivity.

 

“Peter is known throughout Westpac for his integrity, his work ethic, and his ability to provide high quality counsel and guidance. His ability to meaningfully engage with people has earned him many friends and admirers across all levels of the bank.

 

“On behalf of all of us at Westpac, I would like to thank Peter for the significant contribution he has made to the Group and wish him every future success. On a personal note, I would also like to thank Peter for his leadership, support, and wise counsel as a member of my executive team,” he said.

 

Mr King said Westpac had provided him with enormous opportunities.

 

“I have had a varied and challenging career since joining the Group 25 years ago. Over that time, I have been involved in WIB and Treasury, Technology and Operations, Business and Consumer Banking and of course the Group Finance function,” Mr King said.

 

 

 

 

 

 


 

 

“Westpac has transformed itself through this period and is now a stronger, and more customer focused organisation. While we have more work to do, I believe Westpac is on the right track to not only continue to be financially successful but to be an organisation that customers want to bank with, and staff are proud to work for.”

 

Mr King has given 12 months’ notice and will continue in his role until a successor is appointed following an international search.

 

 

 

 

 

For further information:

 

 

 

Media

Investors

 

 

David Lording

Andrew Bowden

 

 

M: 0419 683 411

M: 0438 284 863

 

 

 

T: +61 2 8253 4008