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Digital Transformation

The Industry Reacts: Can we make AI work in Australia’s national interest? Visa Visa new AI banking assistant to be adopted by financial firms Australians using AI to guide purchasing finds Zip The industry speaks – part 2: AI Appreciation Day 2026 51% of banks boosting productivity with pilot AI Submissions and nominations are now open for the Australian AI Awards 2026 PODCAST: Trust is the new attack surface, with ThreatLocker APAC director of operations Emile Barakat Need to Know: Aussie workers are increasingly exposing customer data to public AI OpenAI’s Altman won’t accept anything under a $1tn IPO valuation Bendigo Bank has over 3k ideas for agentic AI use AI is running two races – revenue growth and stable economy, says Citi CEO ANZ Bank CIO announces new technology strategy ABC’s Anthropic partnership will see AI generate articles Nine, Microsoft partner for AI use in news Op-Ed: What happens when access to intelligence is no longer your decision? Legal trouble: Misleading AI images could lead to millions in fines PODCAST: Why cyber security’s next battle will be won by speed, with Qualys CEO Sumedh Thakar AI costs lead businesses to rethink their AI investment Bendigo Bank wants to have Australia’s first agentic SOC, but will human workers pay the price? 3 in 4 consumers would ditch a company if it suffered a major cyber attack Bankers warn of central market crash thanks to AI boom Artificial intelligence adoption surged in 2024–25, ABS reports PODCAST: Beware AI and influencers, NSW Rural Fire Service hacked, and say goodbye to the Essential Eight! Productivity Commission says the productivity slump can be cured by AI APRA instructs major lenders to share cyber insights AI law firm wins court case in legal profession first Major UK bank to launch over 1,000 new AI roles CPA warns against using AI tools and ‘finfluencer’ advice when tax time comes Suncorp trials agentic AI in insurance claims processing Calls for AI education grow louder PODCAST: Anthropic blocks Fable 5, Mackay Sugar tackles cyber attack, and the AFP gets tough on cyber crime Bunnings customers will soon be able to shop through Google AI Mode Westpac’s AI use will see the bank shift to a ‘digital-first service’ PODCAST: ThreatLocker’s Emile Barakat talks Essential Eight, cyber policy, and security as a human challenge Bank of England warns of AI deepfake scams featuring Nigel Farage and its governor OpenAI CFO says AI will be just as important as spreadsheet tools in the finance sector Virgin Australia rolls out ChatGPT flight search Tall tales and code: Anthropic launches Claude Fable 5 and Claude Mythos 5 PODCAST: AI profitability, hacker targets Aussie organisations, and Cyber Daily gets given Shirt of Invisibility Australian organisations to gain access to Anthropic Mythos CBA says businesses might tighten the belt on AI spending as expenses rise Japanese and UK banks look to OpenAI as Anthropic denies Mythos access Westpac finds AI subscriptions have skyrocketed Google Search is dead. Long live DuckDuckGo? PODCAST: Genetec’s Mathieu Chevalier on tricking AI and what Claude Mythos really means for the industry Magnifica Humanitas: Pope Leo XIV rails against ‘idolatry of profit’ in AI-focused encyclical Altman says AI won’t create a job apocalypse CBA begins testing of new companion AI that provides financial advice CBA CEO says AI must improve Aussie lives, ‘not just cut costs’ Aussies risk serious consequences by relying on AI for legal advice, lawyer warns PODCAST: Don’t let AI control your bank account, Qilin hackers target Australia, and law enforcement strikes back! 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The workforces impacted by the ‘AI axe’ AMP to ‘embrace’ AI as tech reshapes banking PODCAST: AI to change banking forever, Iranian cyber attacks, and Australia to tackle DPRK fake IT workers Atlassian’s Confluence gets a dose of AI as standard SaaS loses steam JPMorgan CEO says AI will disrupt banking more than even the internet did The CISO Brief: Real estate scams cost Australians thousands, new scam tactics, and fake North Korean résumés PODCAST: Lloyds Bank AI woes and wins, Aussie toy store hacked, and a new Children’s Online Privacy Code Aussie AI firm pleases Wall Street with $1.8bn data centre deal Anthropic the first AI giant to join Australian National AI Plan UK’s largest digital bank wants to bolster its data engineering with AI The CISO Brief: SOCI Act to change, banking budgets under strain, and are remote workers a cyber liability? PODCAST: AI firms to face child safety fines, Iranian hackers hacked and was Lockheed Martin breached? Banking budgets under strain as AI and legacy systems compete for investment Atlassian’s Cannon-Brookes loses another $1bn as Wall Street confidence falls CFOs need to treat AI implementation as a portfolio rather than focusing on a single ROI, says Gartner
Westpac appoints Chief AI Innovation Officer as part of technology push
daniel.croft · 2026-04-24 · via Digital Transformation

Australian Big 4 bank Westpac has announced that they have appointed a Chief AI Innovation Officer, with the new role overseeing the proposed application of new AI-powered solutions.

Westpac appoints chief AI innovation officer as part of technology push

Westpac appointed former Meta and Commonwealth Bank of Australia (CBA) engineer Maggie Shi in the newly established role.

Shi shared news of the appointment on LinkedIn last week.

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“I’m excited to share that I’m joining Westpac as Chief AI Innovation Officer,” she wrote.

“[This] is a newly created role focused on helping drive AI and GenAI adoption at enterprise scale, bringing together AI, engineering, data, and automation to create meaningful and lasting impact.”

According to reports, the Chief AI Innovation Officer position will see Shi cover the incubation and scaling of technological solutions that are powered by AI, including the trialing and prototyping of solutions across agentic and generative AI systems.

Shi will report to Andre McMullan, Westpac’s Chief Data, Digital and AI Officer. McMullan also formerly worked at CBA.

“As I begin this next chapter, I also want to sincerely thank CBA for the opportunities I’ve had over the past few years,” Shi added.

“I’m particularly grateful to have had the chance to help take the first steps in the bank’s GenAI journey — building out the GenAI Hub and an end-to-end agentic AI development experience in a large-scale banking environment. It has been a genuine privilege to work alongside so many talented colleagues in translating emerging technology into practical enterprise capability.”

At CBA, Shi led an “engineering team at the core of the bank’s data and AI platform, focused on MLOps, LLM Ops, generative AI and agentic AI agent[s].” She also credited her experiences to her time at Meta, particularly scaling machine learning solutions.

“My time at Meta was especially formative. It gave me a front-row seat to how machine learning can fundamentally reshape product design at scale — not just by enhancing what products can do, but by changing how teams think, build, iterate, and deliver. That perspective has stayed with me ever since.”

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Daniel Croft

Born in the heart of Western Sydney, Daniel Croft is a passionate journalist with an understanding for and experience writing in the technology space. Having studied at Macquarie University, he joined Momentum Media in 2022, writing across a number of publications including Australian Aviation, Cyber Security Connect and Defence Connect. Outside of writing, Daniel has a keen interest in music, and spends his time playing in bands around Sydney.

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