Friday, 07 May 2021 00:52

Stephen Banfield resigns as TPG Telecom CFO

Stephen Banfield - click to enlarge Stephen Banfield - click to enlarge

TPG Telecom has announced that Stephen Banfield will be stepping down as Chief Financial Officer after 20 years with TPG group companies. He will remain in the role until November 2021 or until a replacement is appointed.

Banfield was appointed Group CFO in August 2020 following the merger with Vodafone Hutchison Australia, and had previously been with TPG group companies since 2000, including twelve years as CFO.

The share price reportedly fell on the news, but given the positive reports given to the ASX by the Chairman, and the MD and CEO, and the company's solid position, finding another person to be CFO won't be a problem

TPG Telecom CEO Iñaki Berroeta thanked Mr Banfield for his service to TPG Telecom, and said: “It has been a pleasure working with Steve during the merger integration and I thank Steve for his considerable contribution to the TPG business.

“In particular, I thank Steve for his leadership in bringing the finance teams of TPG and VHA together as part of merger integration.”

Banfield said he was confident in the company’s long-term success: “It has been a great privilege to work for companies within the TPG group for the past 20 years and I am proud of what TPG has achieved over that time.

“I believe strongly in the opportunities ahead for the company but, after two decades, it’s time for me to move on.

“I look forward to working with Iñaki and my team over the coming months to ensure a smooth transition.”

We're told "a successor for the role will be announced in due course," as you'd expect. 

Subscribe to ITWIRE UPDATE Newsletter here


The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.



iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.


Alex Zaharov-Reutt

Alex Zaharov-Reutt is iTWire's Technology Editor is one of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks on all the major news and current affairs programs, on commercial and public radio, and technology, lifestyle and reality TV shows. Visit Alex at Twitter here.

Share News tips for the iTWire Journalists? Your tip will be anonymous




Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News