Australia and New Zealand Banking Group (ANZ) has appointed John Van Der Wielen to the newly-created role of managing director of wealth for Australia.
Van Der Wielen will join the bank in October from Lloyds Banking Group, where he was managing director of Clerical Medical, Halifax Life and European Financial Services.
The appointment is the result of ANZ's acquisition of the remaining stake in ING Australia and the integration of the company into ANZ's wealth management business.
ING Australia chief executive Harry Stout has been appointed acting managing director of wealth and will be involved in the transition ahead of his planned return to the United States in 2011.
"John's appointment, building on ANZ's acquisition last year of the remaining 51 per cent stake of ING Australia, signals our intention to grow more aggressively in the wealth segment," ANZ Australia chief executive Phil Chronican said.
"With more than 25 years of experience in general and life insurance, wealth management and banking, gained both in Australia and overseas, John will be a tremendous asset to ANZ and to our specialist wealth businesses."
ANZ has also appointed Louis Hawke to the new position of ANZ managing director of product, strategy and marketing.
Hawke will be responsible for developing integrated customer solutions within and across segments.
He was formerly ANZ managing director of retail distribution and will be replaced by Mark Hand, who was previously ANZ general manager of regional commercial banking.
