Westpac has disestablished the post of chief operating officer and has created a new role incorporating it with the chief information officer. Chief operating officer Jim Stabback will stay for a period to assist with the transition, according to a bank spokesperson. The spokesperson did not disclose how the change will affect the current CIO role held by Peter Fletcher. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe “The bank is now conducting an executive search for the permanent CIO role,” according to the spokesperson. Stabback joined Westpac from the Bank of Queensland where he was the CIO and group executive, IT and operations. Fletcher, on the other hand, was CIO at BNZ and had worked overseas for Barclays before joining Westpac in 2012. “As customers continue to migrate to digital channels, Westpac is increasing the focus on its technology offering as it aspires to be the leading bank in providing digital solutions to their customers. This is a key priority and the reason why a new executive level role of Chief Information Officer has been created,” the bank said in a press statement. Send news tips and comments to divina_paredes@idg.co.nz Follow Divina Paredes on Twitter: @divinap Follow CIO New Zealand on Twitter:@cio_nz Sign up for CIO newsletters for regular updates on CIO news, views and events. Join us on Facebook. Related content opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe