WESTPAC’S Graham Jennings is set to retire after seven years at the helm of its agribusiness arm and more than 40 years with the bank.
He’ll pass the reins of the agribusiness portfolio to Alastair Welsh, currently general manager for commercial banking in Westpac’s retail and business banking division.
“Alastair and I have worked very closely over the years and I know how committed he is to growing the sector,” Mr Jennings said in a statement today.
“We believe farming and food production hold great potential for future growth.”
Mr Welsh will be supported by Westpac’s head of agribusiness Susan Bower.
Originally from Wyalkatchem in the Western Australian wheatbelt, Mr Jennings joined the then Bank of New South Wales in Perth in 1973.
He will finish on March 6.
More to come.