Australia and New Zealand Banking Group
(ASX:ANZ) ANZ says it’s hired former Citigroup veteran Andrew Geczy to head its international and institutional banking unit.
The business was responsible for as much as 39 per cent of the lender’s 2012 underlying profit.
Geczy will start work on September 16 and he will report to ANZ chief executive Mike Smith.
ANZ has been searching for someone to head its international and institutional banking since April when Alex Thursby resigned to become CEO of the National Bank of Abu Dhabi.
Mr Geczy worked in Citigroup’s corporate and institutional banking group from 1991 to 2005, where he rose to global head of structured corporate finance.
ANZ generated a net profit of $2.9 billion in the first half of fiscal 2013.
