ANZ & ING Joint Venture - Supplementary Information
Wed 10 Apr 2002
Published: Wed 10 Apr 2002 14:10:07
Document No: 189075
Document part: C
Market Flag: N
Classification: Progress Report
AUSTRALIA AND NEW ZEALAND BANKING GROUP 2002-04-10 ASX-SIGNAL-G HOMEX - Melbourne +++++++++++++++++++++++++ JOINT VENTURE MANAGEMENT TEAM 7.1 SENIOR MANAGEMENT THE JOINT VENTURE WILL HAVE AN EXPERIENCED MANAGEMENT TEAM IN PLACE. JOHN WYLIE, CHIEF EXECUTIVE OFFICER, JOINT VENTURE John Wylie has been Managing Director of ING in Australia since 1 January 2001. He was previously head of Mercantile Mutual's retail life insurance and superannuation business from 1992 to 1997, following which he spent three years heading up ING's life business in Poland. John is a qualified actuary and has extensive experience in many areas of financial services, including marketing, product development, investments and actuarial. JOINT VENTURE EXECUTIVE TEAM ROSS BOWDEN, MARKETING Ross Bowden, Executive Director Marketing at ING Australia, is responsible for all Product and Marketing. Ross has been in this position since November 2001. Prior to this he was the General Manager of ING Funds Management. Prior to this Ross was Executive Director Australian Portfolio Managers, the fund manager for RetireInvest. Ross has over 19 years experience in the financial services industry and has worked closely with financial planners in helping them meet their clients' needs. Ross's qualifications include a Bachelor of Business degree from the University of Technology, Sydney, where he completed a double major in Finance and Accounting. DAVID SPREADBURY, CUSTOMER SERVICES David Spreadbury has been head of Operations and Technology of ANZ Funds Management since January 2001. Prior to joining ANZ Funds Management he was employed by BT Portfolio Services, and has 15 years experience in the industry. LES CLAYTON, DISTRIBUTION Les Clayton is Executive Director of Distribution Management at ING Australia, responsible for distribution and relevant support services. Les has over 34 years experience in the financial services industry in sales, marketing and general management roles, including 6 years as an adviser. He joined ING in 1984 and held various roles before heading up distribution in 1992. Since 1992 he has held a variety of sales and distribution related general management roles with responsibility for life, funds management, superannuation, general insurance and banking. PAUL FYFE, NEW ZEALAND Paul Fyfe has been involved in the financial services sector since 1968 and has been with ING since the company was established (as Armstrong Jones) in New Zealand in 1989. Prior to becoming Managing Director in 1996, he was General Manager Sales and Marketing. Paul is currently Chairman of the Investment Savings and Insurance Association (ISI). He was a former member of the Super 2000 Taskforc e and also served on the IAFP (International Association of Financial Planners) Taskforce formed to reassess and provide recommendations for deregulation, control and future of the Financial Planning Industry in New Zealand. Paul is a member of the New Zealand Business Roundtable. MICHAEL ROWLAND, CFO Michael Rowland has been Chief Financial Officer, Personal Financial Services of ANZ since July 1999. In this role, Michael is responsible for the delivery of performance management, financial control and advice and Division-wide business support services. Prior to joining ANZ, he was Finance Director of AMRAD from 1995-1999 and at KPMG, from 1982- 1995 where he was a partner in the tax division for the last two years. CHRIS SMITH, IT Chris Smith is Executive Director Business Technology Group at ING Australia. Chris was appointed Chief Information Officer at ING Australia in early 2001. Chris has been with ING since 1986 and had held senior IT positions for ING in Europe and North America. This included overseeing all project related to the integration of ING Barings and ING Europe executive centres. Chris has a Bachelor of Science majoring in Mathematics from the University of British Columbia. TED BRADSHAW, HUMAN RESOURCES Ted Bradshaw joins ING with over 20 years' experience in Human Resources and Change Management. Ted was National Human Resources Manager at QBE Mercantile Mutual from 2000 to 2002 where he was responsible for Change and Culture development, HR operations and Learning and Development. Prior to this Ted was General Manager of People and Quality at CSR Construction Materials. Ted's qualifications include an Honours Degree in Economics at the University of New South Wales and a Graduate Diploma of Management at the University of Central Queensland. Ted is a Fellow at the Australian Institute of Company Directors and the Australian Institute of Management and an Associate Fellow at the Australian Human Resources Institute. ING INVESTMENT MANAGEMENT MICHEL VAN ELK, CHIEF EXECUTIVE OFFICER, ING INVESTMENT MANAGEMENT Michel van Elk is a financial analyst by training and has worked with ING internationally in the asset management area for over 17 years. He joined ING Investment Management in Australia in January 1999. He has experience in a broad range of activities, particularly currency management, business development, client servicing and portfolio management.