Westpac CEO Gail Kelly
Westpac CEO Gail Kelly

Hockey praises retiring Westpac chief as great leader

TREASURER Joe Hockey paid tribute to retiring Westpac chief executive Gail Kelly, after she announced her departure on Thursday.

Ms Kelly announced she would leave the bank after seven years at the helm, during a tumultuous time in global finance.

In her final year as chief executive, Ms Kelly earned a whopping $12 million for her efforts.

After her announcement, Mr Hockey told reporters she was a great leader for women in Australia, and all finance leaders, and hoped she would "continue to serve the nation" in some capacity after she leaves the bank.

Ms Kelly will leave the bank in February next year, to be succeeded by current chief executive of the bank's Australian financial services arm, Brian Hartzer.

- APN NEWSDESK



DIANNE RECOVERED: Bodies may be inside ill-fated trawler

DIANNE RECOVERED: Bodies may be inside ill-fated trawler

Dianne towed into Bundy port for investigations

'You're the boss, mate': Man keeps interrupting magistrate

'You're the boss, mate': Man keeps interrupting magistrate

Selwyn Noel Eather, 53, said he hadn't knowingly ingested meth.

Servo's fuel price shocks Tannum Sands community

Servo's fuel price shocks Tannum Sands community

Should unleaded cost more than 150 cents per litre?

Local Partners