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Westpac turns to Asian advisers

15 November 2013 5:20PM
Westpac Institutional Bank has set up an Asian advisory board to work with WIB management on its strategy in the region.Westpac has branches in Singapore, Shanghai, Beijing, Hong Kong and Mumbai, as well as a representative office in Jakarta.To date, its regional strategy has been to support the trade and other regional activities of its corporate customers.Former Singaporean minister, Hwee Hua Lim, has been appointed as the board's first non-executive member. The plan is to have three non-executive members.Westpac's general manager for Asia, Bala Swaminathan, and the chief executive of Westpac Institutional Bank, Rob Whitfield, are the advisory board's executive members.

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