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New BankWest Commercial State Manager - Victoria

16 May 2007

BankWest, part of the HBOS Australia group, has appointed Peter Chambers as Victorian State Manager, Commercial Banking to lead and invigorate an aggressive growth strategy for its division.

BankWest, part of the HBOS Australia  group, has appointed Peter Chambers as Victorian State Manager, Commercial Banking to lead and invigorate an aggressive growth strategy for its division.

As Australia's fastest growing business bank, fuelled by an aggressive national recruitment strategy, Peter's appointment is key in further enabling BankWest to grow its Victorian commercial banking presence.

Head of Commercial Banking, Gary Johnson, said BankWest was looking to become a leading commercial bank in Australia and that it was an added bonus to promote Peter to this role as he was already part of the BankWest team.

"Peter has been part of BankWest commercial in Victoria since 2005 in senior roles.  His promotion demonstrates BankWest's commitment to our customers in Victoria as we have appointed an experienced leader who already knows the commercial banking business and can hit the ground running," Mr. Johnson said. 

Mr. Chambers is a highly skilled and well respected career banker in Victoria with more than twenty years experience in the finance industry working predominantly in corporate and commercial banking.  He has held business development and leadership roles with both NAB and GE Commercial.  

He decided to join BankWest back in 2005 because he felt that they were serious about delivering outcomes and adding value to their customer's business. 

"Commercial customers need a bank that is ahead of the market to help maintain their organisation's competitive advantage.  This new role offers me the chance to lead the team and continue to grow the Victorian business.  We are in an exciting growth phase within a competitive market so we are always trying harder for our customers," Mr. Chambers said.

Mr. Chambers said the existing talent in the Victorian commercial banking team was strong and BankWest had a high quality customer base that he planned on expanding.

 "We are well positioned to grow and we have recently begun a recruitment drive to grow our capabilities and attract high performing commercial bankers," he said.

Peter said BankWest was well placed to attract the right kind of staff to its commercial banking division  because of its backing by HBOS Australia and HBOS plc.

"The backing of HBOS Australia allows BankWest to leverage off the strength, capability and resources of a parent that has demonstrated a huge commitment to the Australian market." he said.

Peter has a Bachelor of Business Degree from Monash University and spends his spare time with his wife and twin boys and is also a committee member of the St Kilda Cricket Club. 

-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.

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