Westpac Banking Corporation (AU:WBC) has released an update.
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Westpac Banking Corporation has announced the successful completion of its Customer Outcomes and Risk Excellence (CORE) program, aimed at enhancing risk culture, governance, and accountability. The final Independent Reviewer report by Promontory Australia confirmed significant improvements in Westpac’s risk governance. Westpac’s CEO, Peter King, emphasized the transformation in the bank’s operational culture and the ongoing commitment to maintaining these improvements.
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