Westpac Banking Corp 6-K, filed May 29, 2020

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,DC 20549

FORM6-K

REPORTOF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16UNDER THE SECURITIES EXCHANGE ACT OF 1934

May29, 2020

CommissionFile Number 1-10167

WESTPACBANKING CORPORATION

(Translation of registrant’s name into English)

275KENT STREET, SYDNEY, NEW SOUTH WALES 2000, AUSTRALIA

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Incorporation by Reference

The information contained in this Report on Form 6-K, excluding the information set forth in Exhibit No. 1, shall be incorporated by reference in the prospectuses relating to the Registrant’s securities contained in the Registrant’s Registration Statements on Form F-3 (File Nos. 333-228295, 333-228294 and 333-220373), as such prospectuses may be amended or supplemented from time to time.

Westpac today announced that Lyn Cobley, Chief Executive of Westpac Institutional Bank, is retiring from Westpac. Curt Zuber, Group Treasurer will act as Chief Executive of Westpac Institutional Bank from 1 July, while an international search is undertaken for Ms Cobley’s replacement.

Mr Zuber has worked in financial markets for over 30 years and has been with Westpac for 25 years. He was appointed Westpac’s Treasurer in 2004.

Index to Exhibits

Disclosure regarding forward-lookingstatements

The information contained in this Report on Form 6-K contains statements that constitute “forward-looking statements” within the meaning of section 21E of the U.S. Securities Exchange Act of 1934. Forward-looking statements are statements about matters that are not historical facts. Forward-looking statements appear in a number of places in this Report and include statements regarding our intent, belief or current expectations with respect to our business and operations, market conditions, results of operations and financial condition.

We use words such as ‘will’, ‘may’, ‘expect’, ‘indicative’, ‘intend’, ‘seek’, ‘would’, ‘should’, ‘could’, ‘continue’, ‘plan’, ‘aim’, ‘probability’, ‘risk’, ‘forecast’, ‘likely’, ‘estimate’, ‘anticipate’, ‘believe’ or other similar words to identify forward-looking statements. These forward-looking statements reflect our current views with respect to future events and are subject to change, certain risks, uncertainties and assumptions which are, in many instances, beyond our control and have been made based upon management’s expectations and beliefs concerning future developments and their potential effect upon us. There can be no assurance that future developments will be in accordance with our expectations or that the effect of future developments on us will be those anticipated. Should one or more of the risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results could differ materially from the expectations described in this Report. Factors that may impact on the forward-looking statements made include, but are not limited to, those described in the section entitled ‘Risk factors’ in Westpac’s 2020 Interim Financial Results on Form 6-K filed with the U.S. Securities and Exchange Commission, as well as the ongoing impact of COVID-19. When relying on forward-looking statements to make decisions with respect to us, investors and others should carefully consider such factors and other uncertainties and events. We are under no obligation, and do not intend, to update any forward-looking statements contained in this Report, whether as a result of new information, future events or otherwise, after the date of this Report.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

29MAY 2020

LYNCOBLEY RETIRES

Westpac today announced that Lyn Cobley, Chief Executive of Westpac Institutional Bank, is retiring from the bank.

Westpac CEO, Peter King, thanked Ms Cobley for her contribution in leading the Institutional Bank over the last five years. “Lyn navigated institutional banking during a period of intense global competitive pressures and structural changes across these markets following the global financial crisis.

“Under Lyn’s leadership the Westpac Institutional Bank team has worked tirelessly to meet the needs of the bank’s government, corporate and institutional customers, most particularly during the COVID-19 pandemic.”

Ms Cobley said after more than 30 years in banking it was the right time to retire from executive life.

“I have thoroughly enjoyed a long and varied banking career. However, having held executive positions through a number of significant events, including the GFC and this year the COVID-19 pandemic, it is now time to step back and develop a portfolio career, including Board positions,” said Ms Cobley.

Curt Zuber, Group Treasurer will act as Chief Executive Westpac Institutional Bank from 1 July, while an international search is undertaken. Joanne Dawson, Chief Financial Officer, Westpac Institutional Bank & Treasury, will act as Group Treasurer during this period.

Mr Zuber has worked in financial markets for over 30 years and been with Westpac for 25 years. He was appointed Westpac’s Treasurer in 2004. Ms Dawson joined Westpac Treasury in 2003 and was appointed Deputy Treasurer in 2008 where her responsibilities included global funding, group liquidity and balance sheet management. In 2019 she completed a Sloan MSc in Leadership and Strategy at the London Business School.

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This document has been authorised for release by Tim Hartin, General Manager & Company Secretary.