ANZ’s chief financial officer Shayne Elliott has been named as the replacement for CEO Mike Smith when he retires at the end of this year.
Mr Smith will step down after 8 years as CEO and director on 31 December.
ANZ Chairman David Gonski has described Mr Smith as a “champion of ANZ and of Australia globally, but particularly in Asia.”
Mr Elliot will commence as CEO from the first of January 2016.
ANZ’s net profit after tax at 31 March was $3.51 billion.
