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ANZ Bank appoints new CEO

ANZ Bank appoints new CEO

ANZ Bank (ASX:ANZ) has appointed former Westpac executive Philip Chronican to lead its Australian operations.

The veteran banker will become ANZ CEO Australia, replacing Graham Hodges, who will continue as deputy CEO. Both executives will report to group CEO Mike Smith.

Chronican has had a 27-year career at Westpac, serving as a group executive, CFO and in other senior financial roles.

“I am delighted to have been able to attract someone of Phil’s calibre to run ANZ’s largest business. He’s one of Australia’s most respected bankers,” Smith said.

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