Elliott rings changes at ANZ
ANZ chief executive, Shayne Elliott, has announced changes to the bank's senior leadership team aimed at improving focus.
The changes will become effective from Monday, 1 February, and among the key changes will be the creation of a group executive, digital banking.
Leaving the organisation is deputy chief executive, institutional and international banking, Gilles Plante.
The changes outlined by Elliott in a formal announcement to the Australian Securities Exchange (ASX) today will see Mark Whelan taking responsibility for Institutional banking as group executive, institutional banking, and Farhan Faruqui reporting to Whelan as group executive, international.
Retail and Commercial Banking in Australia will be run by Fred Ohlsson as group executive, Australia, having been promoted from his role as managing director, retail and business banking, for ANZ New Zealand.
David Hisco effectively continues his role as group executive and chief executive, New Zealand, but will have additional responsibility for the Pacific, excluding Papua New Guinea.
Joyce Phillips will continue her responsibility for ANZ's insurance, investments and private banking but will take on responsibility for marketing and innovation as group eexecutive wealth, marketing and innovation.
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