ANZ appoints CFO

11 August 2021
| By Chris Dastoor |
image
image
expand image

ANZ has appointed Farhan Faruqui as chief financial officer (CFO), responsible for all aspects of finance, treasury, mergers and acquisitions, and investor relations.

He would report to chief executive, Shayne Elliott, and remain a member of group executive committee.

Faruqui would be based in Melbourne and commence the role from October, subject to meeting regulatory requirements.

He would succeed Shane Buggle who would retire from the role after 25 years with the big four bank.

Faruqui was currently group executive international, where he was responsible for ANZ’s institutional business in 19 markets across Asia, Europe, Middle East and America.

Before ANZ, he worked for Citigroup where he held senior roles which included Citi’s corporate and investment bank in Asia Pacific as well as its global loans and capital markets business in the region.

Elliott said: “After a comprehensive global search, I’m pleased to be able to appoint one of our most experienced executives with a long history of delivering outstanding results in highly-complex environments to this important leadership position”.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago