Elliott to step down as ANZ chief, successor named

InvestorDaily

After nine years in the role, Shane Elliott is retiring as ANZ’s chief executive and executive director in July 2025. Elliott first joined the bank in 2009, having also served as ANZ’s global managing director, institutional, and the group’s chief financial officer. Commenting on the outgoing CEO’s contribution, ANZ Group chairman Paul O’Sullivan said on Monday: “Shayne led the critical transformation that will be the cornerstone of ANZ’s long-term success.”

According to O’Sullivan, Elliott was the first CEO to identify the need for simplification, which would later become a “mantra” for the broader industry in Australia. “He rebalanced our portfolio to materially improve the capital efficiency and focus of the group while also making our business less complex and safer to manage. “Under Shayne’s leadership, ANZ now has one of the world’s leading institutional businesses, a new retail bank platform built on industry-leading technology and a culture focused on helping customers and communities thrive.

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