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Management change at ANZ

ANZ today announced that Andrew Géczy is to step down from his role as CEO International and Institutional Banking to seek new opportunities.

ANZ Chief Executive Officer Shayne Elliott said: “Andrew has worked tirelessly over the past few years to transform our International and Institutional Banking business.


“This includes strengthening ANZ’s institutional client franchise, improving the performance of our Asia Pacific retail business and consolidating the leading position we have in Australia and in New Zealand and our position as a top four corporate bank in Asia.


“I want to thank Andrew for his significant contribution and for the personal support he has given me during the transition to my new role as chief executive. On behalf of everyone at ANZ, I wish him every success in his future career,” Mr Elliott said.


Mr Géczy said: “It has been a privilege to be part of ANZ’s leadership team over the past two and a half years and the timing is right for me to pursue new opportunities.


“We made significant progress during my time at ANZ. We created a stronger international network based on regional trade and investment corridors. We also improved our risk and control management, built a high performing team and completed our footprint in Asia with new banking licenses in Thailand and Myanmar,” he said.


Mr Géczy joined ANZ in 2013 following a distinguished career in wholesale banking, markets and asset management including senior executive roles at Lloyds Banking Group and Citigroup. He will step down from his role at ANZ at the end of January at which time an announcement will be made about his replacement.


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