Westpac director survives investor backlash over ASX ties


FILE PHOTO: A man passes a logo displayed outside a Westpac Banking Corp. branch in Sydney, Australia, August 19, 2025. REUTERS/Hollie Adams/File Photo

SYDNEY, Dec 11 (Reuters) - Westpac non-executive director Peter Nash was reelected to the bank's board on Thursday, surviving a sizeable investor backlash over his ties to the troubled Australian Securities Exchange.

About 40% of investors voted against his reelection as a board director at the annual meeting of Australia's second-largest bank by market value, the results lodged with the stock exchange showed.

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