Investor Presentaiton
CORE: Integrated Plan governance and oversight.
Clear lines of accountability. Independent assurance by Promontory.
CORE Program governance structure
Board
Board Risk
Committee
CEO
Executive Team
Steering Committee
Group Executive
Sponsor
Approval of the Integrated Plan and material
changes. Ongoing governance and oversight
Primary Board-level oversight of
the Integrated Plan
Overall management accountability for risk
governance and delivery of the Integrated Plan
Responsible for oversight of the Integrated
Plan delivery
Accountable for CORE Program outcomes
19 CORE Program workstreams:
Board risk governance
Executive culture and capability
Organisational design
Risk governance
Remuneration and consequence management
1
2
3
Risk culture
4
5
6
Risk roles and capability
7
8
Risk management framework
9
Transformation capability and delivery
Non-financial risk reporting and JUNO functionality
10 End-to-end risk and control environment
45
Workstreams
11
Assurance
All Group Executives are accountable for
Divisional implementation. Each workstream has
an accountable Group Executive
(12) Compliance management
13
Conduct risk
14
Customer complaints
15 Technology risk governance
Accountable for risk governance program
CORE Program Team
outcomes, key milestones and interdependencies
tracking, change control and sequencing
16
Data risk governance
17
Credit risk governance
Group Transformation
Office
Enterprise frameworks, reporting and
portfolio oversight
18
Market risk governance
19
Liquidity risk and capital adequacy risk governance
Westpac Group 2021 Interim Results Presentation & Investor Discussion Pack
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