Fred Ohlsson has announced he is taking an unpaid career-break after 17 years of service with ANZ.
Mr Ohlsson started with ANZ in 2001 and has taken on various roles, most recently as group executive Australia.
Prior to him starting this role in 2016, Mr Ohlsson served five years as managing director retail and business banking in New Zealand.
Mr Ohlsson thanked ANZ for the opportunity to take leave and said he would use the opportunity to go back to Sweden.
“I’m grateful for the opportunity to be able to take a career-break. My children are of an age where we can go back to Sweden for an extended period and both my wife and I feel we owe them that opportunity,” he said.
Current group executive business and private banking Mark Hand has been appointed acting group executive Australia while a new structure is decided.
ANZ chief executive Shayne Elliott said he was disappointed by Mr Ohlsson leaving but respected the decision to put family first.
“Fred is a valued colleague and can be proud of the significant contribution he has made to ANZ over many years. He has put in place a strong and diverse leadership team and we are fortunate to have an experienced retail and commercial banker in Mark Hand to lead our Australian Division,” Mr Elliott said.
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