Westpac Banking Corporation announced the appointment of Yianna Papanikolaou to the newly created position of Chief Transformation Officer. Ms. Papanikolaou recently joined Westpac as General Manager, Group Transformation Office. Before Westpac, Ms. Papanikolaou was at Deutsche Bank in the UK, where she held several leadership positions, most recently as Managing Director, Chief Transformation Office.

Papanikolaou will sit on the Group's Executive Team and report to CEO, Peter King. She will have responsibility for major change and investment programs and accountability for the CORE (Customer Outcomes and Risk Excellence) Program. Papanikolaou will commence in the role in late April subject to regulatory approvals.