Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Australia and New Zealand Banking Group Limited    ANZ   AU000000ANZ3

AUSTRALIA AND NEW ZEALAND BANKING GROUP

(ANZ)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Australia and New Zealand Banking : Leadership changes at ANZ New Zealand

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/16/2019 | 05:54pm EST

News Release

For Release: 17 June 2019

Leadership changes at ANZ New Zealand

ANZ today confirmed the appointment of Antonia Watson as Acting CEO of ANZ New Zealand, following the departure of David Hisco.

Mr Hisco's departure follows ongoing health issues as well as Board concern about the characterisation of certain transactions following an internal review of personal expenses.

While Mr Hisco does not accept all of the concerns raised by the Board, he accepts accountability given his leadership position and agrees the characterisation of the expenses falls short of the standards required.

ANZ New Zealand Chair Rt Hon Sir John Key said: "We are disappointed David is leaving ANZ under such circumstances after such a long career, however his departure is the right one in these circumstances given the expectations we have of all our people, no matter how senior or junior.

"We are fortunate to have an experienced executive in Antonia Watson to step in while we conduct a search for a replacement. Antonia's extensive banking career has her well placed to help ANZ manage through this transition," Sir John said.

Mr Hisco will receive his contracted and statutory entitlements to notice and untaken leave, with all unvested equity to forfeit.

The Reserve Bank of New Zealand and Australian Prudential Regulation Authority have been notified of the changes and are being provided all requisite filings.

New Zealand media enquiries:

International media enquiries:

Stefan Herrick, +64 21 748 492

Stephen Ries, +61 409 655 551

ANZ Bank New Zealand Limited

Australia and New Zealand Banking Group Limited ABN 11 005 357 522

Disclaimer

ANZ - Australia & New Zealand Banking Group Ltd. published this content on 17 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2019 21:53:00 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AUSTRALIA AND NEW ZEALAND
01/16AUSTRALIA AND NEW ZEALAND BANKING : Notice Corporations Act Subsection 259C(2)
PU
01/09AUSTRALIA AND NEW ZEALAND BANKING : Notice to redeem wholesale CNY2.5b ANZ Subor..
PU
01/06Australian job ads dive in Dec. as bushfires take a toll
RE
01/02AUSTRALIA AND NEW ZEALAND BANKING : Notice Corporations Act Subsection 259C(2)
PU
2019AUSTRALIA AND NEW ZEALAND BANKING : ANZ receives highest possible Foreign Curren..
PU
2019BAD TO WORSE : pain not over for Australia's beleaguered banks
RE
2019AUSTRALIA AND NEW ZEALAND BANKING : Notice Corporations Act Subsection 259C(2)
PU
2019AUSTRALIA AND NEW ZEALAND BANKING : Appendix 3B
PU
2019EXPLAINER : Australia's biggest banks reel from string of scandals
RE
2019AUSTRALIA AND NEW ZEALAND BANKING : ANZ Names Antonia Watson As New Zealand CEO
DJ
More news
Financials (AUD)
Sales 2020 18 547 M
EBIT 2020 9 622 M
Net income 2020 6 113 M
Debt 2020 -
Yield 2020 6,17%
P/E ratio 2020 12,0x
P/E ratio 2021 11,5x
Capi. / Sales2020 3,89x
Capi. / Sales2021 3,84x
Capitalization 72 096 M
Chart AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
Duration : Period :
Australia and New Zealand Banking Group Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AUSTRALIA AND NEW ZEALAND
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 26,54  AUD
Last Close Price 25,42  AUD
Spread / Highest target 16,1%
Spread / Average Target 4,42%
Spread / Lowest Target -7,16%
EPS Revisions
Managers
NameTitle
Shayne Cary Elliott Chief Executive Officer & Executive Director
David M. Gonski Chairman
Michelle Jablko Chief Financial Officer
Gerard Florian Group Executive-Technology
Paula Jane Dwyer Independent Non-Executive Director