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ANZ Appoints Senior Executive From UK Banking Giant For International, Institutional Role
Tom Burroughes
19 August 2013
ANZ has appointed Andrew Géczy, a former senior executive at
UK-listed Lloyds Banking Group, as chief executive for international and institutional
banking, reporting to ANZ CEO Mike Smith. He will be based in Melbourne, Australia
and starts his job on 16 September, subject to regulatory approvals. Géczy has 25 years’ experience in wholesale banking, markets
and asset management. Between 2009 and 2013, he was CEO of wholesale banking and markets
at Lloyds Banking Group, with global responsibility for corporate and
institutional banking, sales and trading, capital markets, structured corporate
finance, transaction banking, and portfolio management. He joined Lloyds Banking Group from the specialist
investment advisory and asset management firm, Manresa Partners, which he founded in 2005
with offices in London, New
York, Hong Kong, and Dublin.
Previously Géczy was with Citigroup where he held a number of leadership roles
in corporate and institutional banking between 1991 and 2005. Géczy began his career in accounting with Price Waterhouse
and KPMG having completed a Master of Science at the University of Virginia. “Our super regional strategy has established ANZ as a
leading international bank in the Asia Pacific
region with an outstanding team working in 33 countries. Andrew is the ideal
leader to continue to grow the business in Australia,
New Zealand
and Asia Pacific, to manage the risk and regulatory landscape, and to support
the delivery of our super regional aspirations,” Smith said in a statement. Last week, this publication reported that ANZ Private Bank,
part of the banking group, launched a new programme that invites wealthy
individuals to invest their money in Australia. The new Significant
Investor Visa solution is specifically for individuals with a minimum
investment capacity of A$5 million ($4.6 million). The SIV programme itself was
launched in 2012 as an Australian government initiative to bring investment
into the local economy while providing opportunities for migrants to come to
the country.