Name:

David Morgan

Current Designation:

Senior Adviser

Current Institution:

Shinsei Bank

Country:

Japan

Specialisation:

Industry Stalwarts

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Elected to Westpac Banking Corp’s Board in 1997 prior to being appointed chief executive in March 1999, Morgan skilfully led Westpac to achieve ambitious growth targets.

In his 18-year career at Westpac, Morgan led the bank to its current position as the highest-ranked Australian bank at a time when its larger peers are under pressure from international rivals such as HBOS, ING and GE Money, by using the internet and aggressive pricing to undercut more branch-focused incumbents in areas such as deposits and credit cards. Japan's Shinsei Bank appointed Morgan to advise the bank on rebuilding its management after a failed merger with local rival Aozora Bank.