ANZ plans for growth

ANZ/appointments/

17 October 2007
| By Mike Taylor |

ANZ has looked to accelerate its growth with a reorganisation of its Asia Pacific business, including two key appointments.

The bank announced today that Owen Wilson had been appointed managing director, retail — Asia, while Mark Whelan had been appointed managing director, institutional, Asia.

It said the two senior roles had been created to bring greater focus to growth in retail and institutional business and align Asia Pacific with ANZ’s divisional structure.

Wilson will report jointly to group managing director, Asia Pacific division, Alex Thursby and group managing director, personal division, Brian Hartzer.

Whelan will report to Thursby as well as to group managing director, institutional division, Peter Hodgson.

Commenting on the changes, Thursby said the structure would bring renewed emphasis on developing ANZ as a significant regional financial services institution.

“It will enable us to deepen our market penetration, maximise earnings potential and develop our franchise by harnessing the combined potential of our network and partnership activities,” he said.

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