Westpac names former RBS/Lloyds tech head as CIO

Westpac names former RBS/Lloyds tech head as CIO

Westpac has promoted Clive Whincup to CIO, replacing outgoing chief Bob McKinnon.

Whincup's elevation follows a major re-organisation at Westpac announced last week, which saw the business split into two units, Australian Financial Services - encompassing the group's retail and business banking units, products and risk management operations - and Group Services, which swallows up technology, banking operations, property services and legal.

Whincup has been with the bank for two years, most recently serving as group general manager - service delivery technology. A 26-year technology veteran, Whincup was recruited by McKinnon from Lloyds Banking Group, following stints at Royal Bank of Scotland and Banco Popolare di Milano.

Whincup will take up his new position on 1 December, reporting into John Arthur, the newly-appointed COO of the Group Services operation.

McKinnon, who took on an oversight role under the reshuffle, will stay with the bank for a year to help manage the transition.

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