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Appoints Head of Strategy

Document date:  Thu 17 Dec 1998
Published:  Thu 17 Dec 1998 00:00:00
Document No:  144083
Document part:  A
Market Flag:  N

HOMEX - Melbourne                                                     

ANZ today announced the appointment of Ms Alison Watkins as Head of
Group Strategy, reporting to ANZ Chief Executive Officer Mr John

Ms Watkins joins ANZ from McKinsey & Co where she was Principal with
wide client experience in retail financial services, consumer goods
and professional services. Previously she was with Touche Ross.

"Alison will oversee the strategic development of ANZ's domestic and
international business portfolio. Initially she will focus on our
plans to accelerate growth in retail financial services in Australia,
to reduce risk strategically and to improve shareholder value," Mr
McFarlane said.

"Alison is joining in the early stages of the transformation of both
the financial services industry and of ANZ in particular. She has
exceptional analytical skills and strategic experience, which will
allow us to take advantage of the opportunities open to us, and to
steer a clear course through the future developments in the financial
services industry," he said.

The appointment of Ms Watkins follows Dr Murray Horn taking up the
position of Managing Director, New Zealand earlier this year. She
will join ANZ on 1 February 1999.

For media enquiries, please contact:

Paul Edwards 
Head of Group Media Relations 
Tel: 03-9273 6955 or 0411-233 390