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ANZ’s deputy CEO to retire

ANZ has announced that its deputy chief executive officer, Graham Hodges, will retire next month after 27 years with the bank.

Mr Hodges, who has held a wide range of senior executive roles since joining ANZ in 1991 (including CEO of ANZ New Zealand and chief economist), has served as ANZ’s deputy CEO since May 2009.

It has now been announced that he will retire in “early May”.

Speaking of the news of Mr Hodges’ retirement, 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.”

Mr Hodges will continue to represent ANZ on the board of AMMB Holdings.

[Related: ANZ mulls asset finance IPO]

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