Ms Au Yeung has been acting CEO Hong Kong since June 2014 and will continue to be responsible for growing ANZ’s retail, commercial and institutional business in Hong Kong.
Commenting on the appointment, Mr Faruqi said: “It’s pleasing to be able to appoint someone of Ivy’s calibre as our new CEO in Hong Kong on my first day at ANZ.
“Ivy has made a significant contribution to ANZ over the past three years and I’m confident her significant Asian banking experience, particularly here in Hong Kong, will be a tremendous asset to both our business and our customers,” Mr Faruqui said.
Prior to her current appointment, Ms Au Yeung led ANZ’s commercial business in Asia and the Pacific, having joined ANZ in 2011 following a 20-year international banking career with Standard Chartered.
Ms Au Yeung replaces Susan Yuen who left ANZ in June to return to Malaysia. Her appointment is effective immediately having already received the necessary regulatory approvals.
ANZ has had a presence in Hong Kong since 1970 and currently has three branches and a private bank office. With 1,100 employees servicing international, global banking, retail, wealth and private bank customers, ANZ Hong Kong is also one of two regional headquarters for ANZ in Asia.