Australia’s Ian Watt appointed to board of Citigroup bank

Australia’s former top civil servant Dr Ian Watt has been appointed to the board of Citigroup, Australia’s retail bank.
Watt, who retired from his role as secretary to the Department of the Prime Minister and Cabinet (PM&C) in November last year, yesterday became one of the bank’s non-executive directors.
Before assuming his role at PM&C in 2011, Watt served as secretary of the Department of Defence from 2009 to 2011 and became the longest-serving secretary of the Department of Finance and Deregulation where he worked between 2002 and 2009.
He also worked as secretary of the Department of Communications, Information Technology and the Arts for one year from 2001, before which he was deputy secretary of the PM&C and executive coordinator of the economic, industry and resources policy group.
Watt served in Australia’s public service for almost 30 years and, in June 2008, he was made an Officer of the Order of Australia.
Stephen Roberts, Citi’s country officer in Australia, said: “We are fortunate to have Ian Watt join the board.
“He brings a level of experience in government which we have not had on the Board in recent times. His public sector experience, particular his roles in the Department of Finance and Deregulation will help us anticipate the needs of our public sector stakeholders and contribute to progress in the communities we serve.”