Westpac chief information officer Scott Collary to retire

The news: Westpac has announced the retirement of chief information officer Scott Collary after six years with the lender.

Collary will remain in his role during a transition period while a search is underway.

What they said: "Scott has made a major contribution to the way our technology supports our customers and people every day," said Westpac CEO Anthony Miller.

"The bank is more stable, more resilient and better protected because of the work he has led. Most importantly, Scott has played a critical role in cyber security and scam prevention, protecting Westpac's customers from a range of significant ongoing threats."