Home Mortgage News Westpac taps former HSBC exec to join its board

Westpac taps former HSBC exec to join its board

Published on 27 Jul, 2018

Anita Fung will also be a member of the Board Risk & Compliance Committee and Westpac’s Asia Advisory Board

Anita Fung will also be a member of the Board Risk & Compliance Committee and Westpac’s Asia Advisory Board

On Tuesday Westpac Banking revealed the appointment of Anita Fung as an independent non-executive director. She will join the bank's board on Oct. 1.

“Anita is a highly respected figure in the Asia-Pacific region. She has extensive experience in wholesale and retail banking and alongside her active promotion of the development of the Asian financial landscape, provides diversity of experience and skills to the board of Australia’s first bank," said Westpac Chairman Lindsay Maxsted.

Fung is a former senior banker at HSBC, where she spent almost two decades of her executive career. She also served as HSBC Holdings' Group General Manager and The Hongkong and Shanghai Banking Corporation's Chief Executive Officer Hong Kong for 7 and 4 years, respectively.

Currently, she is a Non-executive Director for the China Construction Bank Corporation, Hong Kong Exchanges and Clearing Limited, Hang Lung Properties Limited and The Hong Kong Mortgage Corporation Limited. Concurrent to her roles, she is also an Independent Non-executive Member of the Airport Authority Hong Kong Board and a Board Member of the West Kowloon Cultural District Authority.

In 2013, Fung was awarded the Bronze Bauhinia Star for her contributions to the development of the banking industry in Hong Kong. She holds a Bachelor of Social Science degree as well as a Master of Applied Finance.

Fung will also become a Member of the Board Risk & Compliance Committee, as well as a Member of Westpac’s Asia Advisory Board.

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