Westpac announces final member of independent Advisory Panel for AUSTRAC Accountability Review

Westpac Group has today announced that Mr Colin Carter AM has been appointed to the three-member Advisory Panel assessing Board risk governance and accountability in relation to the issues raised in AUSTRAC’s Statement of Claim.

Mr Carter has over 30 years’ experience in management consulting, advising on organisational strategy and governance issues. He has carried out Board performance reviews for a number of companies and has wide industry knowledge of corporate governance issues.

Mr Carter joins previously announced Panel members Dr Ziggy Switkowski AO and Dr Kerry Schott AO. The Panel will provide recommendations on Board risk governance and accountability in relation to financial crime, an important part of Westpac’s work to raise standards and fix any gaps.

Mr Carter’s full biography is below.

/Public Release. View in full here.