Westpac Appoints New Chief Data, Digital and AI Officer

The latest update is out from Westpac Banking ( (AU:WBC) ).

Westpac has appointed Dr. Andrew McMullan as the Chief Data, Digital and AI Officer, a strategic move aimed at advancing the bank’s data analytics, digital innovation, and AI initiatives. Dr. McMullan, who joins from the Commonwealth Bank of Australia, is expected to lead efforts in responsibly using data and AI to improve customer and employee experiences, positioning Westpac as a service-centric organization. His leadership is anticipated to support the successful delivery of the bank’s UNITE project, further enhancing Westpac’s industry positioning.

The most recent analyst rating on (AU:WBC) stock is a Sell with a A$25.80 price target. To see the full list of analyst forecasts on Westpac Banking stock, see the AU:WBC Stock Forecast page.

More about Westpac Banking

Westpac Banking is a prominent financial institution in the banking industry, offering a wide range of financial services and products. The company focuses on leveraging data, digital transformation, and artificial intelligence to enhance customer experiences and operational efficiency.

YTD Price Performance: -0.66%

Average Trading Volume: 5,533,515

Technical Sentiment Signal: Buy

Current Market Cap: A$107.1B

For a thorough assessment of WBC stock, go to TipRanks’ Stock Analysis page.