Westpac’s CEO Gail Kelly has announced a new orgainsational structure for the banking group, aimed at accelerating the next phase of its growth strategy.

Ms Kelly announced the formation of two divisions within Westpac, including:

  • Australian Financial Services (AFS), an amalgamation of Westpac Retail & Business Banking, St George Banking roup, BT Financial Group and Banking Products and Risk Management. The division will be headed by Brian Hartzer who will commence the roll in 2012.
  • Group Services, which encompasses Technology Banking Operations, Property Serivecs and Legal. The division will be headed by John Arthur, Group Chief Operation Officer.

“I am delighted to welcome Brian to Westpac. He is an outstanding financial services executive who has a significant track record of achievement in Australia and overseas. I look forward to him bringing his expertise and experience to the Group,” Mrs Kelly said.

Fusion Retail Brands is once again on the hunt for a new chief executive after Kevin Roberts announced he will depart the role for family reasons.

ANZ has announced Nigel Williams as the company's chief risk officer and new member of the ANZ Management Board, reporting directly to ANZ's CEO Mike Smith.

Dairy giant Fonterra's long serving Chairman Sir Henry van der Heyden has announced his intentions to step down from the position at the Co-operative's next AGM.

Media and communications specialist OMD has announced it has promoted three senior executives to the company's national team.

Cabcharge has been forced to review its executive remuneration packages or face a board spill after shareholders refused the board's offering at the company's AGM.

MLC has announced a restructure of its financial advice business, with Greg Miller stepping down from the position of general manager, MLC Advice Solutions to move to general manager, MLC Direct.

The Australian Financial Review has hired The Australian’s strategic business director Simon Smith, forming part of the The Australian calls an ‘audacious headhunting spree’.

Financial services group Midwinter has announced an executive restructuring after Executive Director Matthew Esler announcer he will be stepping down from the role.

Grant Devonport has been announced as Toll’s new Chief Financial Officer, after acting in the role since September.

The Queensland Government has released a new online film to help executive officers better understand their obligations under the state’s new health and safety laws.

Mark Croudace has taken the position as Group Executive of Coffey Environments, after moving from Group Executive Business Development.

Freight haulage giant QR National is looking to make alterations to its compensation terms in a bid to make it easier for their executives to hit targets in an increasingly difficult haulage environment following extensive flooding earlier this year.

Rupert Murdoch will resume the position of chairman of the Australian arm of his News Limited empire after John Hartigan announced his retirement from the role of CEO and Chairman.

Dr William Coote has been appointed permanent Director of the Professional Services Review (PSR), Minister for Health and Ageing Nicola Roxon announced.

Dr Coote, who has been the acting Director of PSR since 14 August 2011, will begin his three-year appointment on 14 November 2011.

The PSR is an independent statutory authority that investigates whether health practitioners have inappropriately provided services that attract benefits under the Medicare Benefits Scheme (MBS), or have inappropriately prescribed medicines under the Pharmaceutical Benefits Scheme (PBS).

“The PSR plays an important role in protecting the integrity of the MBS and PBS,” Ms Roxon said.

“As the Director of PSR, Dr Coote will help to ensure that taxpayers do not bear the cost of medical services that fail to meet the expectations of the medical profession.”

Dr Coote is an experienced general practitioner with considerable expertise in health policy, training and practice. Previously, Dr Coote was the Secretary General of the Australian Medical Association and the inaugural CEO of General Practice Education and Training Ltd, and has operated a general practice in South Brisbane.

Ms Roxon said she was pleased Dr Coote had accepted the appointment and looked forward to working with him.

Shelly Park, CEO of Southern Health, Victoria’s largest public health service, has been awarded Telstra Victorian Business Woman of the Year.

Macquarie’s longest serving employee, deputy Chief Executive Officer Richard Sheppard, has announced he will be stepping down from the position and departing the company after 36 years of service.

Dexus Property Group has received its first strike against its executive remuneration report, becoming the first property group to face a board spill under the new corporate governance laws.

Former NAB executive Jonathan Ayres has been enlisted by emergent Bank of Melbourne (BOM) to accelerate the company’s growth.

The Australian Council of Superannuation Investors has published its Anti-corruption and Bribery Practices in Corporate Australia: A review of the S&P/ASX200 research paper, investigating the risk of bribery in Australia's top 200 listed companies.

Murchison Metals has announced that Paul Kopejtka has resigned from his position as the company’s non-executive director of the company.

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