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The appointment has come after the long-awaited completion of the ANZ-Suncorp merger.
ANZ Group has announced the appointment of Bruce Rush as ANZ Group managing director, Queensland, a role he will fill in addition to his existing position as Suncorp Bank CEO.
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The new appointment comes after ANZ and Suncorp confirmed the completion of the merger that was first flagged in July 2022.
In his new role, Rush will focus on liaising and collaborating with the Queensland government regarding ANZ Group’s presence and its ongoing integration of Suncorp, including commitments made as part of the implementation agreement signed in 2024.
Among other commitments, this agreement comprises $10 billion in lending to support Queensland businesses over the next three years, $10 billion in new lending for energy products, and $15 billion of new lending as part of ANZ’s existing renewable lending commitments to support Queensland renewable projects and green Olympic Games infrastructure over the next decade.
ANZ CEO Shayne Elliott said Rush would be filling a strategically important role for the major bank, with a remit to drive growth in the Sunshine State.
“Bruce will also oversee the progress of the commitments we made to Queensland, including the establishment of ANZ’s Tech Hub in Brisbane. Our significant investment in the Tech Hub will help grow the state’s tech sector and open strong career pathways for Queenslanders, while giving ANZ a key platform to continue to deliver innovation to its customers,” Elliott said.
“We are proud of our commitments to Queensland and Queenslanders, and look forward to playing our part to help Queensland to grow and prosper.”
Rush also indicated that he was eager to get started in the new role.
“As a proud Queenslander, I’m looking forward to working with both the ANZ and Suncorp Bank teams as we pursue our growth agenda in the state,” Rush said.
“Queensland has significant opportunities ahead of it, and our team will work hard every day to support our customers to grow and thrive, and deliver our commitments to the state.”
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