ANZ appoints key Corporate Finance & Markets executives
ANZ Institutional today announced two new appointments in commodities and environmental markets, as it supports customers in their transition to net zero.
Stuart Smith has joined the Markets business as Head of Commodities, based in Singapore and reporting to Anshul Sidher, Head of Trading and Markets Asia.
Mr Smith joins ANZ from Citibank where he was Head of Commodities APAC. Before that, he held leadership roles including Global Head of Commodity Structuring for Commonwealth Bank of Australia, Head of Commodity Sales & Structuring for Deutsche Bank Asia, and led LNG Trading at Goldman Sachs.
In his new role, Mr Smith will manage ANZ’s Commodities sales and trading across five markets, spanning diverse asset classes including energy, agri-commodities, precious metals and carbon.
ANZ Managing Director, Markets, Shayne Collins said: “Stuart brings an impressive track record in building businesses and unique experience in both sales and risk management. The Commodities business is an important pillar of the Bank’s environmental sustainability strategy and his unique understanding of the energy markets positions our team exceptionally well.”
In addition, Andreas Kodell has been appointed as ANZ’s inaugural Head of Environmental Markets, reporting jointly to ANZ Managing Director, Corporate Finance, Christina Tonkin and Shayne Collins.
Mr Kodell joined ANZ last year as ESG Advisor from KEAL Capital, now part of Melqart, where he was a partner. He has almost three decades of investment banking and funds experience, including senior roles in Finance, Risk and Markets at global firms such as Merrill Lynch, Bear Stearns and Deutsche Bank. He also helped establish Cyclades Preservation Fund in Greece and the Devon Environment Foundation in the UK as a founding member.
In his new role, Mr Kodell will work closely with ANZ Head of Sustainable Finance Katharine Tapley and the Markets team, including Mr Smith, to continue building out the Bank’s environmental markets offering.
Ms Tonkin said: “As a leading Sustainability bank in the region, our priority is to help our customers capture opportunities that will help them hit their net zero targets. This is an important new role helping bring together our existing strength in this area, while also building on it for the future.”
ANZ’s Institutional business was recently awarded the Best Bank for Environmental, Social, and Governance (ESG) and Sustainable Finance in the annual Australian Corporate Treasury Association (ACTA) awards, based on the large corporate relationship banking study conducted by Peter Lee Associates.