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New MD for ANZ IB

New MD for ANZ IB

(13 March 2009 – Australia) ANZ has announced the appointment of a new Managing Director for its Institutional banking division. ANZ have appointed Shayne Elliott as Group Managing Director Institutional reporting to ANZs chief executive officer, Mike Smith.

The Institutional role for Shayne Elliott covers ANZ’s institutional banking division globally including Relationship Banking, Global Markets, Transaction Banking and Specialised Lending, and Balance Sheet Management.

Elliott joins the company on the 1st of June 2009 and will replace Alex Thursby, who has been acting in the role since August 2008 and will now continue his permanent full time role as Chief Executive Officer Asia Pacific.

Elliot, who hails from New Zealand, was most recently the Head of Business Development with EFG-Hermes, the largest investment bank in the Middle East.

Previously, Elliott had a 20 year career with Citigroup, most recently as CEO Global Transaction Services Asia Pacific and CEO Corporate Bank Australia/NZ and Country Corporate Officer.

He has held other senior roles with Citigroup in Egypt, New York, London and New Zealand.

Chief executive Mike Smith again noted that the experience in Asia of an ANZ recruit will contribute to the bank’s super regional strategy.
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