November 30, 2009
ANZ completes ING wealth management acquisition in Australia and New Zealand (PDF 20kB)
ANZ today announced completion of the acquisition of ING Group’s 51% shareholding in the ANZ-ING wealth management, life insurance and advice joint ventures in Australia and New Zealand.
ANZ Deputy Chief Executive Officer, Graham Hodges said: “For customers and professional advisor networks the move to full ownership by ANZ has largely been business as usual.
“At the same time we're making good progress with the transition in Australia and New Zealand so we can quickly move to deliver the benefits ANZ and the business get from single ownership,” Mr Hodges said.