Former Westpac CEO Lyn Cobley joins consultancy Oliver Wyman

Global management consultancy Oliver Wyman has welcomed the former chief executive of Westpac Institutional Bank Lyn Cobley as a senior advisor to its Australian team.

Lyn Cobley brings over 30 years of experience in senior positions at some of the world’s top banks to the consulting firm. Past roles have included as CEO of Westpac Institutional Bank, Chair of Westpac Asia’s Advisory Board, Group Treasurer of Commonwealth Bank, and roles in Barclays and Citibank.

“Lyn’s talent and deep banking and financial services experience complement Oliver Wyman’s expertise and capabilities in financial services,” said Jacob Hook, Oliver Wyman’s Asia-Pacific Managing Partner.

Operating out of Oliver Wyman’s Sydney office, Cobley will provide advice to the firm’s clients in the financial services sector, particularly in the wholesale and institutional space.

Cobley’s expertise includes strategy and leadership, people and culture, transformation and technology, finance and risk, crisis management, investor and regulatory relations and navigating complexity in regulated industries. She also has experience with sustainability and climate action.

Commenting on her affiliation with the firm (in a part-time capacity), Cobley said: “I’m quite familiar with Oliver Wyman and the great work they do, particularly in the financial services space. Oliver Wyman is one of those participants in the market that helps organisations articulate the how with practical know-how.”

“I wanted to utilise my skills and experience in this next stage of my career to make a difference, particularly when it comes to sustainability and climate action. This is why I took this opportunity to work with Oliver Wyman as they play a global role in the climate agenda as seen in their recent work with Glasgow Financial Alliance for Net Zero, Task Force on Climate-Related Financial Disclosure and many more industry initiatives,” she added.