Westpac New Zealand Ltd - Company Profile
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Westpac New Zealand Ltd (Westpac NZ) a subsidiary of Westpac New Zealand Group Ltd, which in turn is a subsidiary of Westpac Banking Corp, is a provider of consumer, business and institutional banking services to corporate, institutional, and government entities based in New Zealand. The company offers personal, business, and agribusiness banking services. It also offers its financial services for property finance, agricultural, institutional, and government customers. In addition, the company offers fund management and investment services. Its offering includes accounts and deposits, loans, cards, insurance, investment products; services portfolio includes transactional banking, agribusiness banking, corporate advisory, import and export services, foreign exchange services, relationship management, corporate and structured finance, payment solutions, economic research. Westpac is headquartered in Auckland, New Zealand.
Headquarters
New Zealand
Address
Level Eight, 16 Takutai Square, Auckland, 1010
Website
www.westpac.co.nz
Telephone
64 9 9128000
No of Employees
5,000
Industry
Financial Services
Revenue (2024)
$4.8B
Westpac New Zealand Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Transactional Banking | Westpac Life New Zealand |
| Kids and Teens Account | Agribusiness Banking | Westpac New Zealand |
| Tertiary Account | Import and Export Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In July, the company partnered with POLi to launch secure open banking payments for thousands of Kiwi merchants and consumers. |
| 2025 | Contracts/Agreements | In June, the company partnered with Fidelity Life introduce the LifeProtect Guide, an online tool designed to simplify life and income protection insurance for New Zealanders. |
| 2025 | Contracts/Agreements | In June, the company partnered with Akahu to enhance open banking access, allowing customers to connect their accounts to a diverse range of fintech services. |
Competitor Comparison
| Key Parameters | Westpac New Zealand Ltd | ANZ Bank New Zealand Ltd | Bank of New Zealand | Southland Building Society | Christian Savings Ltd |
|---|---|---|---|---|---|
| Headquarters | New Zealand | New Zealand | New Zealand | New Zealand | New Zealand |
| City | Auckland | Auckland | Auckland | Invercargill | Auckland |
| State/Province | Auckland | Auckland | Auckland | Southland | Auckland |
| No. of Employees | 5,000 | 8,000 | 5,000 | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Catherine McGrath | Chief Executive Officer; Director | Executive Board | 2021 | - |
| James Grant | Chief Financial Officer | Senior Management | 2025 | - |
| Russell Jones | Chief Information Officer | Senior Management | 2022 | - |
| Stephen O’Brien | Chief Risk Officer | Senior Management | 2025 | - |
| Martin Gaskell | Chief Transformation and Operations Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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