Ignacio Cortes - Westpac Banking Head Europe

Elected by the shareholders, the Westpac Banking's board of directors comprises two types of representatives: Westpac Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westpac. The board's role is to monitor Westpac Banking's management team and ensure that shareholders' interests are well served. Westpac Banking's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westpac Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westpac Banking a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Westpac Banking financial ratios help investors to determine whether Westpac Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westpac with respect to the benefits of owning Westpac Banking security.