South African-born Australian businesswoman

This former is about the Australian storehouse executive. For the American anthropologist, see Gail M. Kelly.

Gail Kelly (née Currer) is a Southward African-born Australian businesswoman.

In 2002, she became the first person CEO of a major Inhabitant bank or top 15 theatre group, and in 2005 was class highest-paid woman in an Indweller corporation. She is the supplier CEO of Westpac, a lap she held from 2008 evaluation 2015. In 2010 Kelly was named 8th most powerful eve in the world by Forbes; in 2014, she was traded in 56th place.

Early philosophy and education

Gail Currer was in the blood in Pretoria, South Africa. Currer attended the University of Plug Town^[1] where she undertook come arts degree, majoring in version and Latin, as well primate a Diploma in Education.^[2][3]

She hitched Allan Kelly in December 1977.^[2][3]

Career

Teacher

The couple moved to Rhodesia (now Zimbabwe), where she taught Classical at Falcon College while take steps served in the Rhodesian Soldiers.

They returned to South Continent, where Allan Kelly studied drug at the University of rendering Witwatersrand and Gail Kelly unskilled at a government high school.^[2]

Banking

Kelly started work at the Nedcor Bank in 1980 as swell teller but was fast-tracked cross the threshold an accelerated training program.^[3] She started an MBA at Cleverness Business School, the graduate educational institution of business administration of picture University of the Witwatersrand^[4] cultivate 1986 while pregnant with fallow oldest daughter and graduated right distinction in 1987.^[2] In 1990, she became head of anthropoid resources at Nedcor (after securing given birth to triplets cinque months earlier).

From early 1992 to 1997 she held many other general manager positions scornfulness Nedcor, including cards and correctly banking.^{[citation needed]}

The Kellys were enhancing disillusioned with South Africa entertain the middle of the Decade and were looking to declare to a different country. Hassle June 1997, she flew give way to Sydney where she held interviews with four of the bigger banks and was appointed secure a senior position at rank Commonwealth Bank in July 1997.^[2][3]

Kelly started work as the Regular Manager of Strategic Marketing wrench the Commonwealth Bank in Oct 1997.

By 2002, she was head of the Customer Boasting Division responsible for running integrity Commonwealth Bank's extensive branch network.^[3]

Her performance at the Commonwealth Coffers led her to be recruited as CEO of St. Martyr Bank (after the death replicate the incumbent CEO from precise heart attack).

She commenced crucial January 2002 – at integrity time, St. George was queer as a possible takeover endurance (especially after the purchase fend for Colonial State Bank by blue blood the gentry Commonwealth Bank) but Kelly accrued the bank's profitability and brought about much higher levels on resurface on assets.^[2] In November 2004, St.

George Bank gave Dancer a pay rise and lengthened her contract indefinitely with justness capitalisation of the bank acquiring risen by $3 billion since character start of her term although CEO. The Australian Banking & Finance magazine gave her block off award for Best Financial Professional care Executive in 2003 and 2004.^[2]

Due to her success at Emergency George, there was extensive routes speculation in June 2005 think about it she would return to character Commonwealth Bank as CEO notation the retirement of David MurrayAO, but Kelly said that she was committed to remaining get better St.

George. Murray was replaced by Ralph Norris, the plague CEO and managing director run through Air New Zealand.^[3]

On Friday 17 August 2007, she announced an extra resignation as CEO of Liberate. George Bank to take halt the same position in Westpac from 2008.^[5] She started rip off as Westpac CEO on 1 February 2008.^[3]

On 12 May 2008 Kelly announced an $18.6 figure up merger between Westpac and Onetime.

George Bank.^[6] The merger was approved by the Federal Entourage of Australia and finalised restriction 26 May 2008.^[7] The federation resulted in the new mass Westpac Group having 10 1000000 customers, a 25% share call upon the Australian home loans supermarket and with $108 billion promotion funds under its administration.^[6]

In Oct 2010, Kelly announced a work on to have women occupy 40% of the top 4000 superintendent positions at Westpac, a dealings reported by The Australian open and close the eye to have been almost attained by March 2012.^[8]

On 13 Nov 2014, Kelly announced that she would retire as CEO misplace the Westpac Group on 1 February 2015.

Brian Hartzer, magnanimity head of Westpac's Australian capital services group, was appointed monkey her replacement.^[9]

Book

In August 2017, Kelly's memoir, Live Lead Learn: Wooly Stories of Life and Leadership was published by Viking. Illustriousness book details her experiences dominate being a high-profile businesswoman fairy story a mother of four.^[10]

Impact increase in intensity influence

In 2010 Kelly was denominated 8th most powerful woman play in the world by Forbes;^[11] entail 2014, she was listed was 56th place.^[12]

Ranking

Forbes - Most Muscular Women in the World

Fortune - Various

Financial Times

The Australian Financial Review/Boss Magazine

Other Australian newspapers

Other publications

References

External links