Embattled Westpac announced Tuesday the appointment of Les Vance to the new role of group executive, financial crime, compliance and conduct. Vance will be responsible for overseeing the group’s financial crime, compliance, and conduct management.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...