Westpac names Scott Collary its new Chief Operating Officer

Westpac today announces it has set up a new Group Operating Office, bringing together Group Operations and Group Technology, and has appointed Scott Collary to lead this division as Chief Operating Officer (COO).

Scott Collary has been Chief Information and Operations Officer, North America, Personal & Business Banking, Private Wealth and Global Asset Management at Bank of Montreal since 2018. Prior to this he was Chief Information Officer at ANZ and Chairman of ANZ Operations and Technology.

Mr Collary was previously Chief Information Officer for Citigroup, North America for six years with responsibility for Consumer, Business, and Commercial technology and global remit over Consumer Cards, Risk, Collections and Enterprise Payments.

Mr Collary commenced his career at Bank of America and holds a Bachelor’s degree from the University of Maryland, College Park in the United States.

Westpac Group Chief Executive Officer, Peter King, said: “I’m delighted to welcome an executive of Scott’s calibre to the Westpac team. Mr Collary is due to commence his role later this year, subject to regulatory approvals”.

Westpac has also announced that Group Executive, Gary Thursby, has decided to leave the bank early next year.

Mr Thursby said: “I’ve thoroughly enjoyed my time at Westpac over the past 13 years. Having helped Peter and the organisation through a significant year of change, I decided that this is the right time to leave the Group.”