This follows the recent establishment of a non-operating holding company (NOHC) structure to create distinct banking and non-banking groups within ANZ, following regulatory, government, shareholder and Court approvals.
As part of the NOHC restructure, ANZ agreed to appoint an additional Non-Executive Director to these two Boards, being the entities at the head of the ANZ Banking Group, who is not also a director of the NOHC (the newly listed ANZ Group Holdings Limited) or the ANZ Non-Banking Group. Mr Hodges has been appointed to fill that role.
Mr Hodges is currently Chairman of Regis Healthcare Limited, an ASX listed aged care company and a Director of Assemble Communities, a developer and ownership platform supporting affordable and social housing ownership in Australia, in partnership with Australian Super.
Prior to his retirement from ANZ in 2018, Graham had a successful 27-year career at ANZ, holding a variety of senior positions. This included Deputy Chief Executive Officer for nine years, as well as working across most areas of the Bank, including stints as ANZ’s CFO, Head of HR, Head of Operations and CEO Australia.
From November 2005 to May 2009 Graham was Chief Executive Officer, New Zealand and a Director of ANZ National Bank Limited responsible for the running of ANZ Group’s New Zealand business.
Commenting on the appointment Mr O’Sullivan said: “Graham’s extensive banking experience and knowledge of ANZ will complement these Boards and I am confident he will provide valuable service to the ANZ Banking Group as we begin operating under this new NOHC structure.”