ANZ Group Holdings Limited (ASX:ANZ) Announces CEO Transition

Leadership Transition

Nuno Matos will become Chief Executive Officer of ANZ Group Holdings Limited on 3 July 2025, succeeding Shayne Elliott. Elliott, who has served as CEO for nine years, will step down on 2 July 2025.

Appointment Details

Matos, with over 30 years of international banking experience, was most recently CEO of Wealth and Personal Banking at HSBC. He will also take on the role of Executive Director on the boards of ANZ Group Holdings Limited and Australia and New Zealand Banking Group Limited. Paul O’Sullivan, ANZ Group Chairman, expressed confidence in Matos’s ability to lead the bank during this transition, highlighting his extensive background in business transformations.

Strategic Focus

Matos stated, “It’s an honour to have been chosen by the Board to lead the next phase of ANZ’s evolution.” He said he would begin with prioritising strengthening stakeholder value while enhancing the bank’s existing platforms. O’Sullivan acknowledged Elliott’s significant contributions, noting his leadership in simplifying and improving the bank’s operations, which are pivotal for ANZ’s sustained success. Elliott expressed pride in leaving the bank in a strong position following successful transformations, including the recent acquisition of Suncorp Bank.

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