ANZ institutional banking boss to depart

— 1 minute read

25 January 2016

ANZ has announced that the bank’s chief executive of international and institutional banking Andrew Géczy is leaving the business.

Mr Géczy, who joined ANZ in 2013, is leaving the bank to “seek new opportunities”, according to a statement released on the ASX on Friday.

Mr Géczy will finish in his current role at the end of January 2016, at which point the bank will announce his replacement.

ANZ chief executive Shayne Elliot said Mr Géczy had worked “tirelessly” to transform the bank’s international and institutional banking business.

“This includes strengthening ANZ’s institutional client franchise, improving the performance of our Asia-Pacific retail business and consolidating the leading position we have in Australia and in New Zealand and our position as a top-four corporate bank in Asia,” Mr Elliot said.

Mr Géczy said the “timing is right” for him to “pursue other opportunities”.

“We made significant progress during my time at ANZ. We created a stronger international network based on regional trade and investment corridors,” he said.

“We also improved our risk and control management, built a high-performing team and completed our footprint in Asia with new banking licences in Thailand and Myanmar,” Mr Géczy said.

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