Westpac transfers sales chief

Killen and Beale had jointly managed the institutional business from Sydney and London respectively until Beale's departure from the bank earlier this summer.

Beale is set to join Credit Suisse First Boston at the end of August as a director in the FX hedge fund sales team.

An official at Westpac in London said the bank did not need to replace Beale directly, as Killen's existing experience in the role would enable him to take on Beale's responsibilities. The transfer, however, is necessary.

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