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BankWest appoints New Manager for north-west region

6 November 2007

BankWest, part of the HBOS Australia group, has appointed Duncan Russell as Regional Manager of its Commercial Banking division for Victoria's north-west region. In the role, Mr Russell will lead BankWest's regional operation in its continual growth strategy.

As Australia's fastest growing business bank; fuelled by an aggressive national recruitment strategy, Mr Russell's appointment is key in further enabling BankWest to grow its Victorian Commercial Banking presence.

Speaking about the appointment, Victorian Commercial State Manager, Peter Chambers said: "Duncan is an experienced leader with solid managerial skills. He is well respected within the industry thanks to his results-driven work ethic and his commitment to great customer service. We're very happy to have him onboard during this exciting growth period."  

Mr Russell has a wealth of experience within the Victorian banking industry; having worked at NAB for 18 years. Most recently, he managed the Footscray Business Banking team as well as 12 branches throughout the western suburbs of Melbourne. He has a strong grasp of the inner workings of retail, business and commercial banking, and has successfully implemented various growth strategies.

Mr Russell made the decision to join BankWest because of its national expansion plans and potential for both career opportunities and challenges.

"BankWest is making a considerable investment in the north-west region, which is exciting and one of the reasons for my decision to join the company," Mr Russell said. "I grew up and live in the local area, and I'm an active member of the community. "This expansion is going to provide the community with considerable opportunities, all of which I'm looking forward to being a part of.

"The current team consists of people who live in and are passionate about the local community. As Regional Manager, I'll be working to expand the team, ensuring that we continue to grow by recruiting quality people. BankWest has a fresh approach to banking, which is unlike any of the major banks in Australia. We value our customers and focus on making banking efficient and seamless," continued Mr Russell.

According to Mr Russell, the backing of HBOS Australia group and HBOS plc adds significant strength to BankWest's expansion plans.

"The HBOS group is serious about their investment in the Australian banking industry, which is great news for customers across the country," commented Mr Russell. "Thanks to the company's strength, capability and resources, we're able to offer easy access to a better deal through out customer-focused strategy."

Mr Russell has an Advanced Diploma in Business/Accounting and a Master of Business Administration.

-Ends-

About BankWest Business
BankWest Business provides a full range of core and specialist business banking products and services to all business market segments from small business to large corporates. From market leading transaction and investment accounts through to flexible business loans and sophisticated Financial Market and International Trade products, we are an organisation committed to making a meaningful difference in the financial services marketplace with our simple and straightforward products. Our energetic approach and attitude aims to reject the status quo and present a significant challenge to the conventions and the competition.

BankWest Business has a presence in capital cities, rural areas and regional locations throughout Australia. We focus on key markets including Property Finance, Small Business, Commercial, Rural and Regional and Corporate.

We also offer a flexible range of products and competitive lending guidelines across specialist industries such as Aged Care, Childcare, Hotels/Accommodation, Franchise and Pharmacy. We recognise the value of the going concern of a business, along with the value of its people and brand, not just its fixed assets or balance sheet.

Our business banking managers have been selected for their industry knowledge and experience and take the time to get to know their customers' business to find the best products and services to meet their needs.

BankWest has been around for more than 100 years and is now part of the HBOS Australia group with assets of over $50 billion. Backed by our parent company HBOS plc, one of the world's largest financial services groups, we are providing a fresh customer experience and challenging the Australian market. BankWest is the fastest growing business bank in Australia*, and because we are growing, we will try harder to help grow your business.

*Measured by market share growth, number of new managers hired and number of new Business Banking Centres opened.

Media Inquiries:

Sally-Ann Parker, +61 (2) 8299 8453
Bridget Tombleson, +61 (8) 9449 6768
Natalie Causley, +61 (2) 8299 8261

Out-of-hours media calls: 1300 785 070

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