Structures Specialised Business Oversight Around Customers
Fri 18 Oct 2002
Published: Fri 18 Oct 2002 10:01:13
Document No: 196394
Document part: A
Market Flag: N
Classification: Company Administration - Other
AUSTRALIA AND NEW ZEALAND BANKING GROUP 2002-10-18 ASX-SIGNAL-G HOMEX - Melbourne +++++++++++++++++++++++++ Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ today announced changes in the senior management oversight of its specialist businesses to sharpen its focus on customers and around the priorities for ANZ's future development. * Elmer Funke Kupper, Managing Director, Personal Banking and Wealth Management Australia, will focus exclusively on Australia including all channels for personal customers and the ING Australia funds management joint venture. * Greg Camm will move from Mortgages to become Managing Director, New Zealand, responsible for ANZ's businesses in New Zealand. * Bob Edgar will become Managing Director, Global Institutional and Investment Banking. Dr Edgar will oversee all businesses dealing with large corporate and institutional customers including Global Institutional Banking, Global Transaction Services, ANZ Investment Banking businesses, and Asia Corporate. Reporting to Dr Edgar, Murray Horn will become Managing Director, Global Institutional Banking based in Sydney; Mark Paton will become Managing Director, Global Transaction Services. Mark is currently Head of Food, Beverage and Agri-business in Corporate & Institutional Banking. * Graham Hodges will become Managing Director, Corporate and Small to Medium Business Australia, bringing together corporate and small business banking into a single business to harness synergies between these segments. * Chris Cooper will move from Global Foreign Exchange to become Managing Director, Mortgages. Rick Sawers, currently Group Treasurer, will become Managing Director, Global Foreign Exchange reporting to Dr Edgar. Mr Sawers' replacement will be announced in due course. * Grahame Miller will move from Investment Banking to Managing Director, Major Investment Programs. Mr Miller will be responsible for major process development projects, strategic cost programs and the project related to Basel II - the new global regulatory capital standard. ANZ Chief Executive Officer Mr John McFarlane said: "Our unique specialisation strategy and our focus on executing strategy well, are making ANZ a very different bank." "These changes leave our specialised business structure intact, and enhance synergies between our businesses by emphasising a total customer relationship approach. The changes will give new development opportunities for senior colleagues, introducing movement between the corporate and personal sides of the Group," he said. The new Group structure will be effective December 1st 2002. For media enquiries contact: Paul Edwards, HEAD OF MEDIA RELATIONS Tel: 03-9273 6955 or 0409-655 550, Email: firstname.lastname@example.org. ATTACHMENTS: ANZ SENIOR MANAGEMENT AND ORGANISATION CHART ANZ MANAGEMENT BOARD John McFarlane David Boyles Brian Hartzer Greg Camm Peter Hawkins Roger Davis Graham Hodges (New) Chris Cooper (New) Mark Lawrence Bob Edgar Peter Marriott Shane Freeman Grahame Miller Elmer Funke Kupper Elizabeth Proust SPECIALISED BUSINESS HEADS Personal Banking Australia Elmer Funke Kupper Wealth Management Australia Craig Coleman ING Australia John Wylie Corporate Banking Australia Graham Hodges* Small to Medium Business Australia Graham Hodges New Zealand Customers Greg Camm* Consumer Finance Brian Hartzer Mortgages Chris Cooper* Asset Finance Elizabeth Proust Global Institutional Banking Murray Horn* Global Transaction Services Mark Paton* Global Foreign Exchange Rick Sawers* Global Capital Markets David Hornery Global Structured Finance Gordon Branston Corporate Finance and Advisory Peter Hodgson Asia Corporate John Winders Asia-Pacific Consumer Bob Lyon Group Treasury TBA* * New to Role A full copy of the ANZ Management Structure 2003 is available for purchase from ASX Customer Service on 1 300 300 279.