Farhan Faruqui appointed Chief Financial Officer

Australia and New Zealand Banking Group Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 11 005 357 522
News Release
For release: 11 August 2021

Farhan Faruqui appointed Chief Financial Officer

ANZ today announced the appointment of Farhan Faruqui as Chief Financial Officer reporting
to CEO Shayne Elliott.

Having joined ANZ in 2014, Mr Faruqui is currently Group Executive International where he
is responsible for ANZ’s institutional business in 19 markets across Asia, Europe, Middle East
and America.

Prior to joining ANZ, Mr Faruqui had an extensive international banking career at Citigroup
where he held senior roles including Head of Citi’s Corporate and Investment Bank in Asia
Pacific as well as its Global Loans and Capital Markets business in the region. He was also
country officer for several countries in Africa and Europe.

In his new role, Mr Faruqui will have responsibility for all aspects of Finance as well as
Treasury, Mergers and Acquisitions and Investor Relations. He will remain a member of the
Group Executive Committee.

Commenting on Mr Faruqui’s appointment Mr 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.

“Farhan has played a crucial role in the re-shaping of ANZ’s institutional and international
business as a critical part of our overall franchise. I’m confident his strong fin ancial acumen,
strategic insight and fresh thinking will be of great benefit to our shareholders and our
customers,” Mr Elliott said.

Mr Faruqui said: “I’m humbled to have been asked to lead ANZ’s world-class finance
function. I want to thank the International team for their outstanding effort over the past
few years in reshaping the International business. While I will miss them, I look forward to
being part of their future success, albeit from a different vantage point, as we build on
profitable growth in our target segments across the Bank.”

Mr Faruqui will be based in Melbourne and will commence in the role in October subject to
meeting regulatory requirements. He succeeds Shane Buggle who is retiring as CFO in
October after a distinguished career with ANZ spanning 25 years.

Mr Elliott said: “Having served the bank with distinction in senior finance and audit roles for
more than two decades, Shane has done an outstanding job since stepping in as CFO earlier
this year. He is highly-regarded by our people, particularly his colleagues on the executive
team as well as the Board, and I will personally miss his counsel, strategic insight and good
humour. Shane will retire from the bank after transitioning his responsibilities to Farhan and
I wish him and his family well for the future," Mr Elliott said.

For media enquiries contact:

Stephen Ries
Head of Corporate Communications
Tel: +61 409 655 551

For analyst enquiries contact:

Jill Campbell
GGM Investor Relations
Tel: +61 412 047 448


Approved for distribution by ANZ’s Continuous Disclosure Committee