ANZ has announced its Deputy Chief Executive Office will retire next month.
Graham Hodges will retire in early May after a 27-year career with the bank. He has held the position as Deputy CEO since May 2009.
Hodges has held a wide range of senior executive roles since joining ANZ in 1991, including CEO ANZ New Zealand, Group Managing Director Corporate Banking and Chief Economist.
ANZ Chief Executive Officer Shayne Elliott said: “Graham has made a significant contribution to ANZ over many years, working tirelessly across a diverse portfolio of responsibilities. He can be proud of the positive impact he has had not only on our relationships with our customers and key stakeholders, but also for the way he has mentored our next generation of leaders.
“Personally, I want to thank him for his efforts in helping reshape ANZ into the bank it is today as well as the support and advice he has provided to me over many years. I know everybody at ANZ wishes him every success in the next phase of his life.”
Hodges was last in the spotlight in October when he appeared at a public hearing with the CEO and Alexis George, Group Executive, Wealth Australia, in a review of the banking sector.
The lender itself was also in the news last week after agreeing to an enforced undertaking, where it must pay $3m to community organisations.
Despite this, the latest AFG Competition Index showed the bank holds third place in the share of the home loan market.
Hodges will continue to represent ANZ on the Board of AMMB Holdings.
