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    www.wabusinessnews.com.au/en-story/1/66608/Lloyds-TBS-t - [Cached Version]
    Published on: 9/18/2008    Last Visited: 9/18/2008  

    "Our company will now be part of one of the strongest banks in the world," HBOS Australia chief executive David Willis said in a statement today.

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    www.hbosa.com.au/execprofiles-list.aspx - [Cached Version]
    Published on: 9/2/2008    Last Visited: 9/2/2008  

    David Willis
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    David Willis
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    David Willis
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    David was appointed Chief Executive Officer of HBOS Australia in July 2004.He was previously Group Executive of Westpac Institutional Bank and Westpac's retail operations in New Zealand and the Pacific Islands.David was also Chief Executive of Lloyds Bank Australia.He has worked for extended periods in the UK, USA and Japan and is a member of the Australian Institute of Chartered Accountants.

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    www.bankingnews.com.au/bankingnews.asp?id=2436 - [Cached Version]
    Published on: 8/6/2008    Last Visited: 8/20/2008  

    HBOS Australia chief executive, David Willis, said that the continued growth of HBOSA has been on track and in line with long terms strategy and that staff numbers continue to expand and now approach 6500 people.

    He also said that the impact of this expansion on profit had been flagged in previous results announcements and a normalisation of expense growth would have shown continued profit growth notwithstanding increased impairment charges.

    Willis said the core books remained sound and increases had been principally attributed to a small number of higher value exposures.

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    www.lendingcentral.com.au/SiteContent/NewsEditorials/Ne - [Cached Version]
    Published on: 3/1/2007    Last Visited: 3/3/2007  

    HBOS Australia Chief Executive David Willis said it was encouraging that the strong result had been achieved while the organisation had invested heavily in current and future growth initiatives.

    "Since the Australian operations were first combined in 2003 the organisation has made consistent progress," Mr Willis said.
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    Mr Willis said intense focus on investment for the future had increased operating expenses by 13 per cent (25 per cent in 2005), which was primarily a result of investment in distribution, people, improved internal processes, IT infrastructure, new product delivery and regulatory compliance, especially in the second half of the year.

    "Accelerated investment in 2007 is planned for growth and will impact on costs and profit growth in 2007," he said.

    "During the past three years this investment has provided strong revenue growth, with net operating income up 20 per cent in the 12 months, largely as a result of market share gains and a subsequent 32 per cent increase in lending.In addition deposits grew by 35 per cent."

    Mr Willis said that the organisation's commitment to increasing competition in the financial services sector, by offering customers a better deal through market leading products and service, had continued to attract thousands of new customers.

    This increased competition had tightened pricing on many products and services, but the organisation had been able to hold its margins at 2.33 per cent (2.39 per cent in 2005.)

    Although a large part of the organisation's national expansion was focused on the east coast, the importance of the West Australian market remained a key part of the HBOSA strategy.

    "The announcement during the year of a new purpose-built head office for BankWest recognises the importance of Australia's fastest growing State to the organisation's long-term plans," Mr Willis said.

  • View Online Source
    www.hbosa.com.au/execprofiles.aspx - [Cached Version]
    Published on: 9/2/2008    Last Visited: 9/2/2008  

    David Willis

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    bankwest.com.au/Media_Centre/Media_Releases/Media_Relea - [Cached Version]
    Published on: 10/8/2008    Last Visited: 11/6/2008  

    HBOSplc International Chief Executive Colin Matthew said BankWest and St Andrew's were great franchises which had grown and prospered under the stewardship of HBOS Australia Chief Executive David Willis and his leadership team.
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    HBOS Australia chief executive David Willis said BankWest had been regularly recognized for its award winning products and high customer satisfaction rates.

    "Australia has been a success story for HBOS over the last five years and is testament to the hard work of more than 6,000 colleagues across the country," Mr Willis said.

  • View Online Source
    www.cobank.com/services/cebgexperts.html - [Cached Version]
    Published on: 3/17/2007    Last Visited: 3/17/2007  

    Dave Willis, Vice PresidentPhone: (303) 740-6513; e-mail: dwillis@cobank.com

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    www.wabusinessnews.com.au/en-story.php?/1/66597/Lloyds- - [Cached Version]
    Published on: 9/18/2008    Last Visited: 9/18/2008  

    "Lloyds TSB credit rating and capital strength will enhance the position of HBOS Australia, including BankWest," HBOS Aust chief executive David Willis said.

  • View Online Source
    www.bankwest.com.au/Media_Centre/Media_Releases/Media_R - [Cached Version]
    Published on: 9/18/2008    Last Visited: 11/2/2008  

    HBOS Australia CEO David Willis said "Lloyds TSB credit rating and capital strength will enhance the position of HBOS Australia, including BankWest".

  • View Online Source
    www.wabusinessnews.com.au/en-story/1/65141/HBOS-reports - [Cached Version]
    Published on: 7/31/2008    Last Visited: 7/31/2008  

    But HBOS Australia's chief executive David Willis hosed down speculation BankWest itself might be put on the auction block as its parent bank seeks to shore up its financial position by selling assets.

    "In the five years that I've been here I think there's been a rumour every month about HBOS Australia or BankWest," Mr Willis told reporters today.
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    Mr Willis said he expected that environment to worsen.
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    But Mr Willis said impairment losses on loans and advances had increased by less than those reported by the major banks that reported at March first half.

    Most of the losses were due to a "small number of higher value corporate accounts", he said.
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    HBOS Australia Chief Executive David Willis said "the continued growth of HBOSA has been very pleasing in the context of our long term strategy".

    "Our staff numbers continue to expand and now approach 6500 people.They continue to do a terrific job in achieving our objectives."

    Mr Willis noted the impact of HBOS Australia's more than £480 million (A$1 billion) investment in an enhanced east coast physical presence through new Bank stores and Business Banking Centres.

    "The roll-out is on track and performing ahead of plan.We are delighted with progress to date.

    "The impact of this expansion on profit had been flagged in previous results announcements and a normalisation of expense growth would have shown continued profit growth notwithstanding increased impairment charges."

    In a market that has deteriorated Mr Willis said the core books remained sound and increases had been principally attributed to a small number of higher value exposures.

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