Briefs: Westpac moves audit account, PEXA management restructure, new MoneyMe CFO

Banking Day staff
  • Westpac has moved its audit business from PwC, its auditor of 50 years, to KPMG. The bank announced that it selected KPMG after a competitive tender process. PwC will audit the 2024 accounts and KPMG will take over on October 1.
  • Electronic conveyancing specialist PEXA Group has tweaked its operating model, appointing country heads for Australia and the United Kingdom. Chief customer and commercial officer Les Vance has been appointed chief executive for Australia. The UK divisions already had a CEO and Joe Pepper remains in that role. Group CEO Glenn King said the new model would “drive greater regional accountability and simplification to improve the group’s customer value proposition”.
  • Consumer lender MoneyMe has hired David Wright as its chief financial officer. Wright has left Angle Auto Finance, where he was deputy CFO, to take up the role. He has previously held divisional CFO roles at Westpac and Macquarie Bank. He replaces Neal Hawkins, who left last month.