April 2 (Reuters) - Westpac Banking Corp WBC.AX :
* PETER KING APPOINTED WESTPAC CEO
* NAMES PETER KING AS CHIEF EXECUTIVE OFFICER
* DECIDED CEO & GROUP EXECUTIVE ANNUAL SHORT-TERM VARIABLE REWARDS FOR 2020 WILL BE CANCELLED
* SHORT-TERM VARIABLE REWARDS FOR 2020 CANCELLED, IN RECOGNITION OF COLLECTIVE ACCOUNTABILITY FOR FINANCIAL CRIME OUTCOMES
* EXPECT TO SEE A RISE IN OUR CREDIT PROVISIONING THIS YEAR AND PROBABLY BEYOND Source: https://reut.rs/3bHMtq3 Further company coverage: WBC.AX