ANZ (ASX:ANZ) today announced Group Executive Australia Fred Ohlsson is stepping down from his current role to take an extended unpaid career-break in his native Sweden after 17-years’ service with ANZ.
He joined ANZ in 2001 and has held senior roles in retail and commercial banking across Australia and New Zealand.
Prior to starting his current role in early 2016, Mr Ohlsson served for five years as Managing Director Retail & Business Banking in New Zealand.
Mark Hand will lead their Australia Division.
The changes are effective 29 December, subject to regulatory requirements.
Shares in ANZ (ASX:ANZ) 0.12 per cent higher at $25.23.