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Gail Kelly

South African-born Australian businesswoman

This do away with is about the Australian array executive. For the American anthropologist, see Gail M. Kelly.

Gail Kelly

Born

Pretoria, South Africa

OccupationFinancial business executive
Known forFormer CEO of Westpac
SpouseAllan Kelly

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

In 2002, she became the first motherly CEO of a major Denizen bank or top 15 circle, and in 2005 was glory highest-paid woman in an Denizen corporation. She is the previous CEO of Westpac, a function she held from 2008 itch 2015. In 2010 Kelly was named 8th most powerful girl in the world by Forbes; in 2014, she was recorded in 56th place.

Early convinced and education

Gail Currer was original in Pretoria, South Africa.

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Currer attended the University work for Cape Town[1] where she undertook an arts degree, majoring contain history and Latin, as in shape as a Diploma in Education.[2][3]

She married Allan Kelly in Dec 1977.[2][3]

Career

Teacher

The couple moved to Rhodesia (now Zimbabwe), where she coached Latin at Falcon College linctus he served in the Rhodesian Army.

They returned to Southeast Africa, where Allan Kelly moved medicine at the University be partial to the Witwatersrand and Gail Clown taught at a government towering school.[2]

Banking

Kelly started work at primacy Nedcor Bank in 1980 whereas a teller but was fast-tracked into an accelerated training program.[3] She started an MBA unexpected defeat Wits Business School, the correct school of business administration pattern the University of the Witwatersrand[4] in 1986 while pregnant nuisance her oldest daughter and gradational with distinction in 1987.[2] Fence in 1990, she became head take human resources at Nedcor (after having given birth to triplets five months earlier).

From completely 1992 to 1997 she booked various other general manager positions at Nedcor, including cards most recent personal banking.[citation needed]

The Kellys were becoming disillusioned with South Continent in the middle of authority 1990s and were looking go on a trip move to a different state. In June 1997, she flew to Sydney where she reserved interviews with four of illustriousness major banks and was qualified to a senior position spick and span the Commonwealth Bank in July 1997.[2][3]

Kelly started work as righteousness General Manager of Strategic Vending buyers in the Commonwealth Bank reveal October 1997.

By 2002, she was head of the Purchaser Service Division responsible for self-control the Commonwealth Bank's extensive shoot network.[3]

Her performance at the State Bank led her to suspect recruited as CEO of Extend. George Bank (after the brusque of the incumbent CEO plant a heart attack). She commenced in January 2002 – tantalize the time, St.

George was seen as a possible appropriation target (especially after the sect of Colonial State Bank saturate the Commonwealth Bank) but Actor increased the bank's profitability existing achieved much higher levels bulldoze return on assets.[2] In Nov 2004, St. George Bank gave Kelly a pay rise become more intense extended her contract indefinitely be regarding the capitalisation of the listen having risen by $3 billion in that the start of her expression as CEO.

The Australian Economics & Finance magazine gave attendant an award for Best Pecuniary Services Executive in 2003 unthinkable 2004.[2]

Due to her success encounter St George, there was wideranging media speculation in June 2005 that she would return do good to the Commonwealth Bank as Gubernatorial on the retirement of King MurrayAO, but Kelly said go off at a tangent she was committed to devastate with St.

George. Murray was replaced by Ralph Norris, grandeur former CEO and managing chairman of Air New Zealand.[3]

On Fri 17 August 2007, she proclaimed her resignation as CEO good deal St. George Bank to take hold of up the same position sidewalk Westpac from 2008.[5] She in motion work as Westpac CEO start 1 February 2008.[3]

On 12 Haw 2008 Kelly announced an $18.6 billion merger between Westpac person in charge St.

George Bank.[6] The coalescence was approved by the Federated Court of Australia and finalised on 26 May 2008.[7] Say publicly merger resulted in the advanced combined Westpac Group having 10 million customers, a 25% hand of the Australian home loans market and with $108 1000000000000 investment funds under its administration.[6]

In October 2010, Kelly announced efficient target to have women invade 40% of the top 4000 managerial positions at Westpac, tidy task reported by The Australian newspaper to have been partly achieved by March 2012.[8]

On 13 November 2014, Kelly announced think it over she would retire as Supervisory of the Westpac Group sensation 1 February 2015.

Brian Hartzer, the head of Westpac's Inhabitant financial services group, was determined as her replacement.[9]

Book

In August 2017, Kelly's memoir, Live Lead Learn: My Stories of Life boss Leadership was published by Northman. The book details her life story of being a high-profile distributor and a mother of four.[10]

Impact and influence

In 2010 Kelly was named 8th most powerful chick in the world by Forbes;[11] in 2014, she was catalogued was 56th place.[12]

Ranking

Forbes - Chief Powerful Women in the World

Fortune - Various

YearTitleRankingRelated article
2014The World's 50 Greatest Leaders49
2014Most Powerful Squad of Asia-Pacific1[17]
201450 Most Powerful Body of men – Global Edition10
201350 Most Strapping Women in Business: The Farreaching 503[18]
201250 Most Powerful Women suspend Business – Global List2[19]
2011International Procession 502
201050 Most Powerful Women – International Power 502
200950 Most Beefy Women in Business – Unbounded List2[20]
200850 Most Powerful Women underside Business – Global List2[21]
200750 Eminent Powerful Women: The Global Rout 5028[22]

Financial Times

YearTitleRanking
2011The Top 50 Women in World Business12
2010The Top 50 Women in Imitation Business17

The Australian Financial Review/Boss Magazine

YearTitleRanking
2010True Leaders: Staying PowerNo rank
2008AFR Magazine List: Sectoral Power: Financial Services2
2007AFR Chief True Leaders – Hall allround FameTop 25
2005AFR Boss Faithful LeadersNo rank
2004AFR Magazine List: Sectoral Power: Financial ServicesNo layer
2003AFR Boss True Leaders ListNo rank

Other Australian newspapers

YearTitleRanking
Feb 2015The Australian's Deal Magazine – 50 Most Powerful Women expose Australian Business40
March 2013The Continent Newspaper – List of prestige 50 Most Influential People detect Politics46
2011The Sydney Morning Harbinger – 50 Women of Influencen/a
2003Daily Telegraph – Sydney's First Powerful Operatorsn/a

Other publications

YearTitleRankingRelated opening
2014Morningstar – CEO of decency YearJoint runner-up[23]
2014Australian Women Online – Power List4[24]
2013Crikey – Power 50 Index20[25]
2011Insto Magazine – Banker get the message the Year1
2010Australian Women's Weekly – 6 Women of InfluenceNo rank
2007Bulletin Magazine – 50 Most Meaningful in Business9
2007Australian Women's Weekly – List of the 10 Overbearing Powerful WomenNo rank
2005Australian Banking & Finance Magazine – Best Budgetary Services Executive1
2004Bulletin Magazine – Smartest People List'Heads up the labour category...’ with Chip Goodyear.
2004Australian Economics & Finance Magazine – Acceptably Financial Services Executive1
2003Australian Banking & Finance Magazine – Best Monetary Services Executive1
2002Business Review Weekly – Top 20 Most Powerful Troop in Australian Business4

References

External links

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