Westpac Banking Corporation, Australia’s oldest bank and one of the Big Four, is led by CEO Anthony Miller. Miller became Group Chief Executive Officer and Managing Director in December 2024, succeeding Peter King who retired after leading the bank through challenging years. A former Goldman Sachs partner of 16 years and Deutsche Bank Asia-Pacific co-head, Miller joined Westpac in 2020 to run its institutional bank before being promoted to lead the entire group. The son of small business owners who moved schools 10 times in 12 years, Miller rose from a law degree in Brisbane to partner at Goldman Sachs within a decade. Two of his six siblings represented Australia at the 2000 Sydney Olympics. Westpac manages approximately A$1.03 trillion in total assets, serves 13 million customers, and trades on the ASX under the ticker WBC with a market capitalization of approximately A$145 billion.
Read on to discover Westpac CEO email address, Anthony Miller net worth in 2026, salary and compensation, career history, age, family, and more.
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Anthony Miller – Quick Facts
| Anthony Miller — At a Glance | |
|---|---|
| Full Name | Anthony Miller |
| Position | Group Chief Executive Officer & Managing Director |
| Company | Westpac Banking Corporation (ASX: WBC) |
| Age | ~55 (born c. 1970) |
| Nationality | Australian |
| Education | Bachelor of Laws, Queensland University of Technology (QUT); Asian Studies, Griffith University |
| Net Worth (2026) | Estimated A$15–25 million |
| Total Compensation (Target) | Up to ~A$8.35 million (~US$5.4M) |
| CEO Since | December 16, 2024 |
| Previous Role | Chief Executive, Business & Wealth, Westpac |
| Headquarters | 275 Kent Street, Sydney, Australia |
| [email protected] | |
| Anthony Miller | |
Westpac Competitors
Westpac operates in one of the world’s most concentrated banking markets. Australia’s Big Four banks dominate the industry, but competition extends to regional banks, non-bank lenders, and fintech challengers. Key competitors include:
- Commonwealth Bank of Australia (CBA) – Australia’s largest bank by market capitalization and assets
- National Australia Bank (NAB) – Major Big Four rival with strong business banking
- ANZ Group Holdings – Fellow Big Four bank with significant Asia-Pacific operations
- Macquarie Group – Global financial services and investment banking powerhouse
- Bendigo and Adelaide Bank – Australia’s fifth-largest bank, strong in regional markets
- Suncorp Group – Queensland-based bank and insurer
- Bank of Queensland – Growing regional competitor
- ING Australia – Digital-first banking alternative gaining retail market share
Anthony Miller Net Worth 2026 – Westpac CEO Salary
Anthony Miller’s net worth is not publicly disclosed in official filings. However, based on his 16 years as a Goldman Sachs partner (one of Wall Street’s most lucrative positions), senior leadership roles at Deutsche Bank, and his Westpac executive compensation, his personal wealth is estimated to be in the range of A$15–25 million. Goldman Sachs partners typically earn several million dollars per year, and Miller held that position from 2001 to 2017.
As Westpac CEO, Miller’s remuneration package includes a fixed salary of A$2.5 million (inclusive of superannuation), a short-term variable reward of up to 93.75% of fixed pay (~A$2.35 million at target), and a long-term variable reward of up to 140% of fixed pay (~A$3.5 million at target). At maximum performance, his total compensation could approach A$8.35 million.
Westpac CEO Compensation Breakdown
| Component | Amount (AUD) | Share |
|---|---|---|
| Fixed Remuneration (incl. super) | A$2,500,000 | 30.0% |
| Short-Term Variable Reward (target) | A$2,343,750 | 28.1% |
| Long-Term Variable Reward (target) | A$3,500,000 | 41.9% |
| TOTAL (at target) | ~A$8,343,750 (~US$5.4M) | 100% |
Key Insight: Over 70% of Anthony Miller’s total compensation is performance-based (short-term and long-term variable rewards), aligning his interests with shareholders. His fixed pay of A$2.5 million is comparable to other Big Four bank CEOs in Australia. Miller is also required to build a minimum shareholding in Westpac equal to 200% of his fixed remuneration.
Comparison with Previous Westpac CEO
Miller’s predecessor, Peter King, earned total realized remuneration of approximately A$5.5 million in his final year (FY2024). Miller’s target package is notably higher, reflecting the board’s desire to attract and retain a CEO capable of driving Westpac’s transformation. However, the significant performance-based component means actual pay could vary substantially depending on results.
Westpac Net Worth 2026 – Is Westpac Profitable?
Yes, Westpac is highly profitable and one of Australia’s most valuable companies. In FY2025 (year ending September 2025), the bank reported statutory net profit of A$6.9 billion, a slight decrease of 1% compared to the prior year. Revenue increased 4% to A$22.4 billion, driven by strong growth in net interest income and non-interest income streams. The bank’s market capitalization stands at approximately A$145 billion, making it one of the world’s most valuable banking institutions.
Westpac Financial Summary (FY2025)
| Metric | Value | YoY Change |
|---|---|---|
| Market Capitalization | ~A$145B (~US$94B) | ▲ 23% |
| Net Operating Income | A$22.4B | ▲ 4% |
| Net Interest Income | A$19.5B | ▲ 3% |
| Net Profit (Statutory) | A$6.9B | ▼ 1% |
| Total Assets | ~A$1.05T (~US$680B) | ▲ 2% |
| Gross Loans | A$856B | ▲ 6% |
| Total Deposits | A$723B | ▲ 7% |
| CET1 Ratio | 12.5% | — |
| Net Interest Margin | ~1.82% | ▼ 3 bps |
| Customers | ~13 million | — |
| Employees | ~35,000 | — |
| ASX Ticker | WBC | |
Growth Story: Westpac’s business lending surged 15% in FY2025, with strong growth in agriculture, health, and professional services. Institutional lending expanded 17%, boosted by increased infrastructure and energy projects. Total deposits grew 7% to A$723 billion, demonstrating strong customer confidence in the bank.
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Anthony Miller Career & Education
Anthony Miller’s career journey from Brisbane law firms to the helm of Australia’s oldest bank is remarkably unconventional. Unlike most Big Four bank CEOs who rose through traditional banking or accounting ranks, Miller studied law and Asian studies before pivoting to investment banking — and never looked back.
Career Timeline
| Period | Position | Organization |
|---|---|---|
| 1988–1992 | Bachelor of Laws | Queensland University of Technology (QUT) |
| Early 1990s | Legal practice | Brisbane & Sydney law firms |
| Late 1990s | Investment banking | Credit Suisse |
| 2001–2017 | Various roles, rising to Partner | Goldman Sachs (Australia, NZ, Hong Kong) |
| 2017–2020 | CEO of Australia & NZ; Co-Head Investment Bank, Asia-Pacific | Deutsche Bank |
| Oct 2020–Aug 2023 | Chief Executive, Westpac Institutional Bank | Westpac Banking Corporation |
| Aug 2023–Dec 2024 | Chief Executive, Business & Wealth | Westpac Banking Corporation |
| Dec 2024–present | Group CEO & Managing Director | Westpac Banking Corporation |
Miller joined Goldman Sachs in 2001 and spent 16 years at the firm, rising to the coveted rank of Partner. During his tenure, he held leadership roles across Australia, New Zealand, and Hong Kong, overseeing Goldman’s Asian finance division. His investment banking career spanned debt markets, mergers and acquisitions, and institutional client relationships.
In 2017, he moved to Deutsche Bank as CEO of Australia and New Zealand and Co-Head of the Investment Bank for Asia-Pacific. After three years at Deutsche Bank, he was recruited by Westpac in October 2020 to lead its institutional banking division — a role that positioned him for the eventual CEO succession.
At Westpac, Miller first led the Institutional Bank, where he managed the bank’s relationships with large corporate and government clients. In August 2023, he was promoted to Chief Executive of Business & Wealth, overseeing both the business banking and wealth management divisions. This expanded portfolio gave him visibility across a broader range of the bank’s operations and set the stage for his appointment as Group CEO in September 2024 (effective December 16, 2024).
Education
Miller earned a Bachelor of Laws from Queensland University of Technology (QUT) between 1988 and 1992. He also studied Asian Studies at Griffith University in Brisbane. In 2025, QUT named him an Outstanding Alumnus, recognizing his leadership in banking and finance and his commitment to innovation and corporate responsibility.
Board Memberships & Industry Roles
- Council Member – Australian Banking Association
- Board Director – Institute of International Finance (IIF)
- Board Director – Financial Markets Foundation for Children
- 2025 QUT Outstanding Alumnus
Anthony Miller Wiki – Age, Family & More
Anthony Miller was born circa 1970 in Australia, making him approximately 55 years old as of 2026. He grew up as one of seven children in a family of small business owners, moving frequently throughout his childhood. The family lived in Canberra, Darwin, Alice Springs, Dubbo, and Brisbane — with Miller attending 10 different schools in 12 years.
His upbringing was anything but conventional for a future bank CEO. Two of his six siblings represented Australia at the 2000 Sydney Olympics, demonstrating the family’s high-achieving nature. Miller has credited his peripatetic childhood with developing adaptability and resilience — qualities that served him well in his investment banking career across multiple countries.
Miller is married to Gretel Miller, and together they have four children, all now in their twenties. The family is based in Sydney. Despite leading one of Australia’s largest companies, Miller maintains a relatively low public profile when it comes to his personal life.
His stated ambition for Westpac is for customers to love the bank “as much as they love Toyota and Bunnings” — a characteristically Australian reference that speaks to his desire for Westpac to be seen as a trusted, everyday brand rather than just a financial institution.
Personal Facts
- Born: c. 1970, Australia
- Age: ~55 years old (2026)
- Spouse: Gretel Miller
- Children: Four (all in their twenties)
- Siblings: Six (two Olympic athletes at Sydney 2000)
- Schools attended: 10 in 12 years
- Residence: Sydney, Australia
- Previous cities: Brisbane, Hong Kong, Canberra, Darwin, Alice Springs, Dubbo
Westpac CEO Email Address | Anthony Miller Contact
Anthony Miller can be reached through Westpac’s corporate channels. Below are the official contact details for the Westpac CEO:
| Anthony Miller — Contact Information | |
|---|---|
| Corporate Email | [email protected] |
| Anthony Miller – Chief Executive, Westpac Group | |
| Twitter/X | @Westpac (corporate account) |
| Corporate HQ | Westpac Place, 275 Kent Street, Sydney NSW 2000, Australia |
| Phone (General) | +61 2 9293 9270 |
| Investor Relations | [email protected] |
| Media Inquiries | [email protected] |
For general customer inquiries, Westpac’s main customer service number is 132 032 (within Australia). International callers can reach Westpac at +61 2 9293 9270.
About Westpac Banking Corporation
Westpac Banking Corporation is Australia’s oldest bank and oldest company, founded in 1817 as the Bank of New South Wales. Headquartered at Westpac Place, 275 Kent Street, Sydney, the bank has grown over more than 200 years into one of Australia’s “Big Four” banks and a major force in the Asia-Pacific financial services industry.
Westpac manages approximately A$1.05 trillion in total assets, serves roughly 13 million customers, and employs approximately 35,000 people. The bank operates multiple brands across consumer and business banking:
- Westpac – Flagship brand for consumer, business, and institutional banking
- St.George – Full-service banking brand in NSW, Queensland, and South Australia
- Bank of Melbourne – Consumer and business banking in Victoria
- BankSA – Consumer and business banking in South Australia
- BT – Wealth management, superannuation, and financial advice
- RAMS – Home loan specialist brand
Westpac trades on the Australian Securities Exchange under the ticker WBC and has secondary listings on the New Zealand Stock Exchange (NZX) and New York Stock Exchange (NYSE) as an ADR. The bank has been a consistent dividend payer and is a cornerstone holding for many Australian superannuation funds and retail investors.
Key Milestones
| Year | Milestone |
|---|---|
| 1817 | Founded as the Bank of New South Wales — Australia’s first bank |
| 1982 | Renamed to Westpac Banking Corporation |
| 1995 | Acquired Challenge Bank (Western Australia) |
| 2002 | Merged with BT Financial Group |
| 2008 | Acquired St.George Bank for A$18.6 billion |
| 2020 | Paid A$1.3 billion AUSTRAC penalty (largest in Australian corporate history) |
| 2024 | Anthony Miller appointed as Group CEO & Managing Director |
Frequently Asked Questions (FAQ)
Who is the current CEO of Westpac?
The current CEO and Managing Director of Westpac Banking Corporation is Anthony Miller. He took office on December 16, 2024, succeeding Peter King who retired. Before becoming CEO, Miller was a Goldman Sachs partner for 16 years and held senior roles at Deutsche Bank and within Westpac’s institutional and business banking divisions.
What is Anthony Miller’s net worth in 2026?
Anthony Miller’s net worth is estimated at A$15–25 million. While not publicly disclosed, this estimate is based on his 16 years as a Goldman Sachs partner (where partners typically earn several million dollars annually), his senior roles at Deutsche Bank and Westpac, and his current CEO compensation package.
What is the Westpac CEO’s salary?
Anthony Miller’s fixed remuneration is A$2.5 million per year, inclusive of superannuation. His total target compensation, including short-term and long-term variable rewards, is approximately A$8.35 million (~US$5.4M). Over 70% of his pay is performance-based.
What is the Westpac CEO’s email address?
Anthony Miller’s corporate email is [email protected]. Westpac’s headquarters is at Westpac Place, 275 Kent Street, Sydney NSW 2000, Australia. He is also active on LinkedIn.
How old is Anthony Miller?
Anthony Miller is approximately 55 years old (born c. 1970 in Australia). He grew up in a family of seven children, two of whom represented Australia at the 2000 Sydney Olympics. He attended 10 schools in 12 years across multiple Australian cities.
Is Westpac profitable?
Yes. Westpac posted statutory net profit of A$6.9 billion in FY2025 (year ending September 2025), with revenue of A$22.4 billion. The bank has total assets of approximately A$1.05 trillion, a CET1 ratio of 12.5%, and a market capitalization of roughly A$145 billion, making it one of the world’s most valuable banking institutions.
What did Anthony Miller do before Westpac?
Before joining Westpac in 2020, Miller spent 16 years at Goldman Sachs (2001–2017), rising to Partner with roles across Australia, New Zealand, and Hong Kong. He then served as CEO of Australia & New Zealand and Co-Head of the Investment Bank for Asia-Pacific at Deutsche Bank (2017–2020). He originally trained as a lawyer and began his career at Brisbane and Sydney law firms in the early 1990s.
Article last updated: March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including ASX filings, corporate annual reports, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.