ANZ chief economist resigns
ANZ bank has announced that its long serving chief economist, Saul Eslake, will resign following 14 years in the role.
ANZ Australian economics and interest rate research head Warren Hogan has been appointed to act in the role until a permanent replacement can be found.
After 14 years as chief economist at ANZ, Eslake has “established an international reputation for his analysis, insight and uncompromising advice on the economy and economic policy” ANZ chief executive Mike Smith said.
“Uniquely, Saul’s views are not only sought in the boardrooms of some of the region's largest companies, but by the man on the street and government officials and ministers alike”, Smith said.
Hogan’s experience as an economist lies particularly in global markets.
Prior to joining ANZ in 2005 Hogan was Credit Suisse First Boston chief economist and head of interest rate product research.
Hogan has also held economist roles at Westpac and the NSW Treasury Corporation.
He will assume the role early next month.
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
