The bank has a new boss for its Philippines business.

Australia-listed ANZ has appointed Peter Chan as chief executive for the Philippines, taking over from Panadda Manoleehakul, who continues to lead the work programme connected to the bank’s creation of a branch presence in Thailand. Manoleehakul will be appointed to a new senior role with ANZ later in the year.

Chan reports to Sameer Sawhney, who is managing director for Southeast Asia and India, ANZ said in a statement yesterday.

Serving in a number of roles since joining the bank in 2008, Chan is currently chief of staff to Andrew Géczy, chief executive for international and institutional banking. Prior to this role, Chan was head of institutional relationships for ANZ Taiwan and before that established ANZ’s corporate and institutional business in Hong Kong.

“Peter has significant international experience and is well placed to help grow our business and support our customers in the Philippines,” Sawhney said.

“The Philippines continues to be one of Asia’s best performing economies with annual GDP growth of around 6 per cent supported by robust private consumption, investment, and exports. Our banking business, our credit card partnership with Metrobank and our operations hub make it an important market for ANZ,” he said.

Chan’s appointment, which is subject to regulatory approval, is effective 1 June 2015.

There have been a number of high-profile moves at ANZ’s private banking arm in recent months. For more details on these developments, see here.