New APAC GM named for Westpac

Westpac has announced the appointment of Michael Correa as general manager, Asia Pacific, effective immediately.

Correa, who was previously head of corporate & institutional distribution and origination, financial markets at Westpac in Sydney, will move to Singapore for the role.

Correa will report to Lyn Cobley, group executive for Westpac Institutional Bank and will be responsible for overseeing all of Westpac's business operations in Asia, client, partner and regulator relationships.

He has more than 20 years' regional industry experience, including eight years in Asia. He joined Westpac's financial markets team in 2011 leading the global capital markets business. Prior to this, he spent 17 years with ANZ where he was the regional head of global markets, Asia Pacific and global head of structured products and equity.

Commenting on his appointment, Cobley said: "We are excited to welcome someone of Michael's calibre to Westpac's Asian franchise. Michael's appointment reflects our strategy and continued commitment to customers, by providing them with deep local market knowledge and connectivity. His financing and client expertise means he is perfectly positioned to help our customers make the most of this dynamic and fast growing region as they take part in the ever increasing trade and investment flows."