Senior change at ANZ insto banking


ANZ chief executive international and institutional banking, Alex Thursby, will leave ANZ to take up a CEO position at a bank in the Middle East.
The departure was announced by ANZ CEO Mike Smith, who said Thursby had played an instrumental role building the foundation of the bank's business in Asia Pacific.
"Since 2007 Alex has worked closely with me and the rest of the management board to drive dramatic growth of our business in Asia Pacific, to transform our global institutional bank and to embed ANZ's super regional strategy throughout the business," Smith said.
The bank is commencing the search for Thursby's replacement and is evaluating both internal and external candidates.
ANZ CEO Asia Pacific Gilles Plante and managing director global markets and loans Steve Bellotti will fill the role in the interim, Smith said.
Smith added Thursby had worked closely with him and the rest of the management board to drive growth and embed ANZ's super regional strategy throughout the business.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.