A bank has appointed its first female managing director in its 124-year history, as the former head of the institution pursues other opportunities.
Sinead Taylor, former Bankwest executive GM for personal and business banking, will move into the managing director role as Rowan Munchenberg opts to leave the company.
“Sinead’s appointment shows our commitment to developing high calibre leaders,” said CBA group executive for retail banking services, Angus Sullivan.
“Sinead has a clear focus on improving customers’ financial wellbeing and I have no doubt she will continue this focus in her new role, leading a business that has strengthened under the stewardship of Rowan and his team.”
Taylor will be confirmed in the new role permanently subject to regulatory approval. She is anticipating leading Bankwest into the future with excitement.
“We’re in a very strong position to continue to meet the changing needs of our customers and grow the Bankwest brand and business in our home state of WA and nationwide,” she said.
“We’re sending a clear signal of our intent to be bold and different in our customer focus with
innovations such as the Bankwest Halo ring, in-app messaging, home loan digital signing, a multiyear Bankwest Stadium partnership in Western Sydney and our Bank Less brand positioning.”
According to Taylor, Bankwest will maintain its support for the communities and economy of WA through key partnerships and sponsorships.
Reflecting on his time at the helm, Munchenberg said, “I’m proud of the incredible progress our colleagues have made toward realising our vision to deliver amazing customer experiences that matter. We’ve refocused Bankwest to ensure customer needs remain at our core in today’s rapidly changing digital world.
“After nearly three fantastic years in the role, it’s the right time to make way for a new leader. Sinead will do an exceptional job in leading Bankwest forward.”
