Organisational changes to improve operational performance

ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 16 659 510 791

News Release
For Release: 30 October 2024

Organisational changes to improve operational
performance

ANZ today announced a series of organisational changes to further streamline and improve
the efficiency, responsiveness, and effectiveness of its operations teams.

As part of these changes, a group-wide operations function will bring together existing
operations functions to create greater alignment and support each division more effectively.

Reporting to Chief Executive Officer Shayne Elliott and being a member of the Group
Executive Committee, the new Group Executive Operations, will also be accountable for
ANZ’s Group Capability Centre infrastructure along with its property and procurement
teams.

Other changes include the establishment a group-wide Data and Analytics function,
reporting into the Group Executive Technology Gerard Florian. Led by a new Chief Data and
Analytics Officer, the team will be responsible for data strategy and architecture along with
shaping the use of artificial intelligence within the Group.

Commenting on the changes, Mr Elliott said: “While our banking businesses are performing
very strongly, providing clearer accountabilities for operations will drive consistency and
predictability. Importantly, it will also help capture scale across the Group and improve how
we respond to customers and other important stakeholders.

“Our vision is to create a more unified model for the way in which operations and other
parts of the bank work together. This will ultimately unlock the next era of growth for the
bank. It will also ensure we are able to acquire and retain the best talent available for these
areas,” Mr Elliott said.

An internal and external search for the new Group Executive Operations is expected to be
completed in the coming months with the new structure expected to be operational from
March 2025.


For media enquiries contact:

Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414


For analyst enquiries contact:

Jill Campbell
Group General Manager, Investor Relations
Tel: +61 412 047 448



Approved for distribution by ANZ’s Continuous Disclosure Committee