Kevin Corbally appointed Chief Risk Officer

News Release
For Release: 22 February 2018

Kevin Corbally appointed Chief Risk Officer

ANZ today announced the appointment of Kevin Corbally as Chief Risk Officer, reporting to
Chief Executive Officer Shayne Elliott.

Mr Corbally joined ANZ in 2009 and is currently Group General Manager Internal Audit after
having previously held senior institutional banking and credit management roles. Prior to
joining ANZ, he was Managing Director and Head of Corporate & Commercial Banking at
Citigroup in Australia & New Zealand.

In his role as Chief Risk Officer, Mr Corbally will be a member of the Group Executive
Committee, responsible for protecting the Group’s balance sheet as well as overseeing its
risk strategies, policies and processes.

Commenting on the appointment Mr Elliott said: “Managing risk appropriately is a critical
function of all high-performing banks and I’m pleased to be able to appoint a strong leader
with demonstrated values and diverse experience at a time the industry is facing increasing
reputational and regulatory issues.

“Kevin’s experience in international credit and capital management combined with his track-
record leading our internal audit function makes him the ideal executive to continue the
evolution of our risk function and to build on the strong, mutually respectful relationships
with our regulators,” he said.

Mr Corbally succeeds Nigel Williams who is retiring from ANZ to pursue a career as a non-
executive director.

“Nigel played a leading role in resolving business and regulatory issues and has significantly
reduced ANZ’s risk profile. He can be proud of his time at ANZ and we wish him well for the
next stage of his career as a non-executive director,” Mr Elliott said.

Mr Corbally’s appointment is effective 19 March 2018 and he will be based in Melbourne.

For media enquiries contact:

Stephen Ries; +61-409-655-551


Australia and New Zealand Banking Group Limited ABN 11 005 357 522