Powered by MOMENTUM MEDIA
subscribe to our newsletter

ANZ names new chief for Indonesia

A former managing director of ANZ’s corporate banking division has been appointed as the group’s new chief for its Indonesian operations.

Vishnu Shahaney will step into the role from ANZ Singapore, where he has worked as CEO since 2010. Mr Shahaney has also held other senior management positions in the major bank, serving as managing director of corporate banking in Australia and head of transaction banking and specialised lending for the Asia-Pacific, Europe and America.

ANZ’s chief executive of international banking Farhan Faruqui said Mr Shahaney is a highly experienced international banker with a sound knowledge of the global landscape, having spent more than three decades leading various businesses at ANZ in Australia and Asia.

“I’m confident he will grow returns from our Indonesian business as we consolidate our leading position connecting institutional clients with opportunities across [the] Asia Pacific,” Mr Faruqui said.

Mr Shahaney will be taking over from Joseph Abraham, who will be leaving ANZ at the end of his term after more than seven years in the role.

Advertisement
Advertisement

“Since 2008, Joseph has led the ANZ franchise in Indonesia, establishing our strong position in institutional banking and our leading retail presence among foreign banks, Mr Faruqui said.

“I would like to thank Joseph for his dedication and contribution to our business over the years.”

Mr Shahaney is expected to commence his new role within a few weeks, and will be based in Jakarta.

[Related: ANZ appoints regional executive]

ANZ names new chief for Indonesia

PROMOTED CONTENT


>Vishnu Shahaney will step into the role from ANZ Singapore, where he has worked as CEO since 2010. Mr Shahaney has also held other senior management positions in the major bank, serving as managing director of corporate banking in Australia and head of transaction banking and specialised lending for the Asia-Pacific, Europe and America.

ANZ’s chief executive of international banking Farhan Faruqui said Mr Shahaney is a highly experienced international banker with a sound knowledge of the global landscape, having spent more than three decades leading various businesses at ANZ in Australia and Asia.

“I’m confident he will grow returns from our Indonesian business as we consolidate our leading position connecting institutional clients with opportunities across [the] Asia Pacific,” Mr Faruqui said.

Mr Shahaney will be taking over from Joseph Abraham, who will be leaving ANZ at the end of his term after more than seven years in the role.

“Since 2008, Joseph has led the ANZ franchise in Indonesia, establishing our strong position in institutional banking and our leading retail presence among foreign banks, Mr Faruqui said.

“I would like to thank Joseph for his dedication and contribution to our business over the years.”

Mr Shahaney is expected to commence his new role within a few weeks, and will be based in Jakarta.

[Related: ANZ appoints regional executive]

ANZ names new chief for Indonesia
mortgagebusiness

Latest News

The chief of Australia’s largest bank has said lenders should act pre-emptively and shift their floor rates for mortgage serviceability am...

Total household wealth reached a high of $13.4 trillion in the June quarter, primarily due to rising property prices, according to the Aust...

The property exchange settlement platform has been granted approval to establish an Electronic Lodgement Network in the ACT.  ...

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

How long do you think it should take to discharge a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.