K Corbally appointed MD, Capital Management Institutional

News Release


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

For Release: 11 September 2025
Kevin Corbally appointed Managing Director, Capital Management
Institutional

ANZ today announced Kevin Corbally will step down from his role as Group Chief Risk Officer, and be appointed
Managing Director, Capital Management Institutional.
Mr Corbally is one of Australia’s longest serving Chief Risk Officers, having held the role at ANZ since 2018, during
which he led ANZ’s risk function through a period of significant change.
This included overseeing a significant improvement in ANZ’s credit profile such that ANZ moved from having, prior
to his appointment, the highest credit losses, to having the lowest of our domestic peers. He also played a key
role leading ANZ’s response to the 2018 Banking Royal Commission and in guiding the organisation through the
COVID-19 global pandemic.
In his new role Mr Corbally will be responsible for embedding improved capital management within the Institutional
business. He will report to ANZ’s Group Executive, Institutional, Mark Whelan, and sit on the Institutional bank’s
leadership team.
ANZ Chief Executive Officer Nuno Matos said: “Kevin has played an important role in leading ANZ’s risk
management function through a period of significant technological and regulatory change for the industry.
“After almost eight years in the role, I recognise Kevin’s desire to apply his extensive experience to a new role and
challenge. I’m confident this is the right move for Kevin and ANZ as we look to further strengthen our capital
management capabilities.”
Mr Corbally will continue to serve as Group Chief Risk Officer until a replacement is appointed with an
announcement to be made in due course.


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Lachlan McNaughton
Head of Media Relations
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Cameron Davis
Executive Manager, Investor Relations
Tel: +61 421 613 819


Approved for distribution by ANZ’s Continuous Disclosure Committee