The statement said it was part of the sale agreement.
The Vanuatu transaction follows the trend in staff movement when BSP took over Westpac in Cook Islands, Samoa, Solomon Islands and Tonga. All Westpac staff transitioned to BSP employment in 2015.
“The sale of Westpac’s Vanuatu operations was originally planned for mid-2015, but was delayed following Tropical Cyclone Pam,” the statement said.
“Until the sale proceeds, it is business as usual for Westpac in Vanuatu.”