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Hodges to succeed Anderson at ANZ National Bank

Hodges to succeed Anderson at ANZ National Bank

(14 October 2005 – New Zealand) Head of ANZ’s corporate business, Graham Hodges, is set to take over from Sir John Anderson as chief executive of ANZ National Bank. Anderson will retire on 31 December 2005 and Hodges will pick up the reins of the bank’s New Zealand business on 1 January 2006.

Anderson has been with the bank through several incarnations, starting with Southpac in 1972 which later merged with National Bank of New Zealand in 1987, after which the bank went through several mergers during the 1990s and eventually became ANZ National Bank in 2003.

"There is no doubt that Sir John’s leadership has been fundamental to the stability of ANZ National’s market share and exceptional staff satisfaction and engagement levels, in addition to his fostering a New Zealand identity within the bank," ANZ chief executive John McFarlane said.

He said Hodges had been involved in building one of the most rapidly growing businesses within the ANZ Group.

"Under his leadership, Corporate has consistently led the market on customer satisfaction, and his staff engagement is among the highest in the Group," McFarlane said.
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