ANZ appoints Acting Group Executive Australia

ANZ has announced that Mark Hand, group executive, Australian business & private banking, has been appointed acting group executive, Australia, following the decision by Fred Ohlsson to take a career-break.

ANZ chief executive officer, Shayne Elliott, said of the changes: "Fred is a valued colleague and can be proud of the significant contribution he has made to ANZ over many years. He has put in place a strong and diverse leadership team and we are fortunate to have an experienced retail and commercial banker in Mark Hand to lead our Australia Division."

Hand joined ANZ in 1988 and has held senior roles across business and retail banking, credit management and internal audit in Australia and South Asia. He has been group executive business & private banking since May 2018, having previously held senior roles in ANZ's Australia division.

He will commence in his new role on December 29, subject to regulatory requirements, with Ohlsson assisting in a hand-over during January.