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The major has brought forward the starting date of its incoming CEO by almost two months.
Australia and New Zealand Bank (ANZ) has announced that the start date for its new CEO Nuno Matos has been brought forward after closing off his commitments from his current role faster than anticipated.
Matos was originally scheduled to take up his new position on 3 July but will now start on 12 May, when he will also be appointed to the boards of ANZ Group Holdings Limited and Australia and New Zealand Banking Group Limited as an executive director.
Shayne Elliott – who was originally scheduled to step down on 2 July – will continue to serve as CEO until 11 May and will provide handover support until 30 September.
Commenting on Matos’ new start date, ANZ group chairman Paul O’Sullivan said: “With the leadership transition well progressed, we are pleased that Nuno has been able to secure the early fulfilment of his commitments with his previous employer and bring forward his start date.
“I would like to thank Shayne for leading an orderly handover as we enter the second half of our financial year.”
Matos said: “I’m looking forward to moving to Melbourne and getting started on the next phase of ANZ’s evolution.”
The incoming CEO was most recently CEO of wealth and personal banking at HSBC and has more than 30 years of experience across retail, commercial, and wholesale banking.
During his nine-year career at HSBC, Matos was responsible for 87,000 employees serving approximately 40 million customers across 35 markets. While there, he also held senior roles, including CEO of HSBC Bank plc and HSBC Europe, where he oversaw the transformation of its European business, and served as CEO Mexico, one of HSBC’s largest markets.
He also has experience as an analyst in the banking supervision department of Banco de Portugal (the Portuguese central bank) and had a 21-year career at Spanish bank Santander. He has worked in several other jurisdictions, including Hong Kong, the UK, the US, France, Brazil, and Peru.
Director to depart
ANZ has also announced that Jane Halton will be leaving her role as a director of the ANZ Group and of other controlled entities effective today (31 March), with Alison Gerry to join the ANZ Group and boards from 9 May.
Gerry, who has been a director of ANZ Bank New Zealand Limited since 2019, has extensive experience in the financial services and infrastructure sectors.
Her experience in financial services spans her career, including early roles at Macquarie Bank and HSBC, and more recently as a former director at Kiwibank and NZX.
She is a director of Air New Zealand and the chair of both New Zealand–based infrastructure investment company Infratil and online investment platform Sharesies. Gerry will retire from the board of ANZ Bank New Zealand Limited on 1 April 2025 and will stand for election at the 2025 annual general meeting.
Halton first joined the ANZ group board in 2016 and has chaired the digital business and technology committee; the ethics, environment, social and governance committee; and the Suncorp Bank company board, Norfina Limited.
Commenting on the new appointment, O’Sullivan said: “On behalf of all shareholders, I’d like to welcome Alison to the group and bank boards and know that she will make a valuable contribution given her extensive financial services experience, particularly in the areas of finance, risk and trading.
“After a distinguished career in the public service, Jane has made a valuable contribution to the board and shareholders over many years. Her experience in public health was particularly beneficial as we navigated the COVID pandemic and we thank her for her service.”
[Related: ANZ announces new CEO]
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