Former Westpac chief economist Brendon O’Donovan joins the Co-operative Bank's board

Former Westpac chief economist Brendon O’Donovan joins the Co-operative Bank's board

Ex-Westpac chief economist Brendon O’Donovan has been elected to the Co-operative Bank board.

Chairman Steven Fyfe, the former ANZ National Bank deputy CEO, and other existing directors Sam Robinson and Dianne Kidd, were also re-elected to the board. Formerly PSIS, the Co-operative Bank also recently appointed former Westpac acting CEO Bruce McLachlan as its CEO.

The four directors were elected by customers at yesterday's annual meeting in elections that received the highest level of customer participation to date. Other board members, who weren't up for election or re-election, are Paul Goulter, Joanna Perry, Peter Ellis and John Isles.

O'Donovan is currently an adviser to Parliament’s Finance & Expenditure Select Committee and external advisor of The Treasury forecasting team. He holds pro-bono directorships for Epsom Brown Holdings Ltd, Beechworth Home and Hospital 2006 Ltd and Springlands Lifestyle Village.

He also has 17 years’ experience in the banking sector having been chief economist at both Westpac and the National Bank. O’Donovan’s appointment is subject to Reserve Bank approval.



We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.

Your access to our unique content is free - always has been. But ad revenues are diving so we need your direct support.

Become a supporter

Thanks, I'm already a supporter.