ANZ Appoints Shayne Elliott As CEO; Succeeding Mike Smith

(RTTNews) - Australia And New Zealand Banking Group Ltd. (ANZ, ANZBY.PK, ANZ.AX) or ANZ announced that Shayne Elliott will become Chief Executive Officer and join the Board on 1 January 2016 succeeding Mike Smith.

Smith will step down after eight years as Chief Executive Officer and as a Director on 31 December 2015. Smith, who has an invaluable understanding of and connections in Asia, will be retained as a non-executive advisor to the Board, initially for one year.

Elliott, 51, is currently ANZ's Chief Financial Officer responsible for all aspects of Finance as well as Group Strategy, Legal, Treasury, Investor Relations and Mergers and Acquisitions.

Originally from New Zealand, Elliott has over thirty years' experience in international banking including in Australia, New Zealand, Asia Pacific and the Middle East. He joined ANZas CEO Institutional in June 2009.