(9 December 2024 – Australia) ANZ has announced the appointment of Nuno Matos, the former head of Wealth and Personal Banking at HSBC, as its next Chief Executive Officer.
Matos, 57, will succeed Shayne Elliott, who is stepping down after a nine-year tenure, as first reported in The Australian Financial Review.
The Portuguese banker, who officially joins ANZ on 3 July, brings a decade of experience at HSBC, including leadership roles as CEO of its European and Mexican operations. Matos, who was based most recently in Hong Kong, announced his departure from HSBC in October.
Paul O’Sullivan, ANZ Chairman, stated that the board conducted a thorough review of both internal and external candidates before selecting Matos for his extensive experience in leading business transformations across risk, technology, and operations.
“The bank is in a strong position, and this orderly leadership transition ensures ANZ will continue to deliver for customers, shareholders, and staff in the years to come,” O’Sullivan said.
Shayne Elliott’s departure marks a significant leadership shift within Australia’s major banking sector. Three of the country’s four largest banks have named new chief executives this year. National Australia Bank appointed Andrew Irvine to succeed Ross McEwan in February, while Anthony Miller is set to take the helm at Westpac next week.