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
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
