Australia and New Zealand Banking Group (ANZ) has appointed former Deutsche Bank Australia and New Zealand chairman and CEO John Macfarlane to its board, effective from 22 May 2014.
Macfarlane will replace Peter Hay, who has decided to retire from the bank’s board.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Macfarlane also served as chief country officer of Deutsche Bank Group in Japan and as CEO of Bankers Trust in New Zealand.
John Morschel, chairman of ANZ, said: "I am very pleased to have Macfarlane join the ANZ Board. The depth of his banking experience in ANZ’s key markets in Australia, New Zealand and Asia Pacific will further strengthen the Board.
"I also want to acknowledge Hay’s very significant contribution to our Board over the past five years. Peter has indicated that the time demands he faces in his role as chairman of Newcrest and his other non-executive director roles has led to his decision to retire as a Director of ANZ."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
