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Our Board of Trustees

Jon Nicholson

Jon Nicholson, Chair

Jon was the Chief Strategy Officer for the Westpac Group for nearly eight years, reporting to the Chief Executive and responsible for both Strategy and M&A across the Group. Jon played an important role in the acquisitions of RAMS and St.George, the launch of Bank of Melbourne, the development of Westpac's Asia strategy and, most recently, the creation of the Westpac Bicentennial Foundation, now known as Westpac Scholars Trust.

Jon chairs the Westpac Foundation and is a trustee of Westpac Scholars Trust.

Before joining Westpac in 2006, Jon was a Senior Vice President at the Boston Consulting Group (BCG). During his 18 years at BCG, Jon built and led BCG's Asian financial services practice. Earlier in his career, Jon was the Senior Private Secretary to the Prime Minister of Australia (Bob Hawke), during a period of major economic and social reform in Australia.



Alexandra Holcomb

Alexandra Holcomb

Alexandra is an executive with 35 years’ experience in financial services. She was Westpac Group’s Chief Risk Officer from 2014 to 2018, responsible for risk management activities across the enterprise across all risk classes and Westpac’s strategic risk objectives.


Alexandra held a number of other senior positions after joining Westpac in 1996, including Group Executive, Group Strategy, Head of Westpac Institutional Bank Strategy, and Group General Manager of Global Transactional Services .


Prior to joining Westpac, Alexandra was a senior executive with Booz Allen & Hamilton International from 1992 to 1996 where she specialised in international credit, working throughout the Asia Pacific region. Before that she worked with Chase Manhattan Bank in New York in private and business banking and international credit audit. She also worked in project finance in Paris and New York for Banque Indosuez and Barclays Bank respectively.


Alexandra is co-Chair of Asia Society Australia and a trustee of the Westpac Foundation. She is a member of Chief Executive Women and a Fellow of the Australian Institute of Company Directors. Alexandra has an MBA in Finance and Multinational Management from the Wharton School of Business and a Master of Arts in International Studies and French from the University of Pennsylvania. She also holds a BA in English and Economics from Cornell University.



Lyn Cobley

As Chief Executive of Westpac Institutional Bank, Lyn has responsibility for Westpac's global relationships with corporate, institutional and government clients as well as all products across financial and capital markets, transactional banking, structured finance and working capital payments. In addition, Lyn oversees Westpac's International and Pacific Island businesses. Lyn was appointed to the role in September 2015.

Lyn has over 25 years' experience in financial services. Prior to joining Westpac, Lyn held a variety of senior positions at the Commonwealth Bank of Australia (CBA) including serving as Group Treasurer from 2007 to 2013 and most recently as Executive General Manager, Retail Products & Third Party Banking. She was also Head of Financial Institutions at Barclays Capital in Australia, held senior roles at Citibank in Australia and Asia Pacific including Head of Securitisation and was CEO of Trading Room (a joint venture between Macquarie Bank and Fairfax).

Lyn is a board member of the Australian Financial Markets Association (AFMA), the Banking & Finance Oath and the Westpac Foundation. She is also a member of Chief Executive Women.

Lyn has a Bachelor of Economics from Macquarie University, is a Senior Fellow of the Financial Services Institute of Australia and is a graduate of the Australian Institute of Company Directors.



Nicky Lester

Nicky Lester

Nicky is a finance specialist at Hogan Lovells and one of the firm's launch partners for its Australian practice.

Nicky leads the finance practice in Australia. She has a broad practice and has extensive experience advising arrangers, issuers, trustees and swap counterparties on Australian and global securitisation and debt capital markets transactions. She also advises corporate, issuer and borrower clients in the real estate sector on their full suite of financing options - from secured and unsecured bank deals to debt capital markets and structured deals.

Immediately prior to joining Hogan Lovells in Australia, Nicky was head of the banking and finance practice and a partner for more than 10 years at Allens.



Jo Barraket

Jo Barraket

Professor Jo Barraket is Director of the Centre for Social Impact (CSI) Swinburne and National Research Director of the CSI network. Prior to this, she was Associate Professor of Social Enterprise at the Australian Centre for Philanthropy and Nonprofit Studies at Queensland University of Technology.

Professor Barraket is a leading researcher in the areas of social enterprise, social innovation and relationships between governments and the third sector in social policy development. She has more than 60 publications in these areas, including her most recent book, Social Procurement and New Public Governance (Routledge: 2016). Her work has contributed to policy development and practice in social enterprise and development of the social economy. Based on her expertise in these areas, Professor Barraket has been the national expert adviser to the OECD on two projects related to the social economy and socio-economic participation. She has led more than $9 million in grant-funded and commissioned research, including national competitive grants funded by the Australian Research Council and projects funded by corporate and private philanthropy, and federal, state and local governments.



Susan Bannigan, Westpac Foundation CEO

Susan Bannigan, Westpac Foundation CEO

Susan has over 26 years’ experience in the financial services industry in Europe and Australia.


Susan joined Westpac in 1995 and has held senior roles in finance, treasury and business leadership across the Westpac Group.


From 2007-2012 Susan was the Chief Financial Officer of RAMS with responsibility for the IT, finance, legal and compliance functions.


In 2014 she was appointed CEO of the Westpac Bicentennial Foundation, now known as Westpac Scholars Trust. Westpac Scholars Trust is a scholarship fund with an exclusive focus on the education of Australia’s next generation of leaders who will shape the social and economic progress of our nation in the areas of our relationship with Asia, technology and innovation, and community leadership.


In 2018 Susan was appointed to also lead the Westpac Foundation where she works closely with Westpac, community groups, social entrepreneurs and the business sector to support new innovations in addressing the complex issues of homelessness, long-term unemployment, social inclusion for refugees and those living with issues of mental health in communities across Australia.

Prior to joining Westpac, Susan spent three years in investment banking in London and five years as a Chartered Accountant with KPMG in Sydney, Solomon Islands and Paris.

Susan holds a Bachelor of Economics, is the Chair of the Business and Higher Education Roundtable and is a member of the Institute of Chartered Accountants and the Australian Institute of Company Directors.