Optus chair joins ANZ board

ANZ chairman David Gonski has announced the appointment of Paul O’Sullivan to the bank’s board, effective immediately.

Mr O'Sullivan has extensive business and technology experience, particularly in the telecommunications sector, both in Australia and abroad.

He currently serves as chairman of Optus, chairman of Western Sydney Airport Corporation, and as a director of Coca-Cola Amatil.

The new appointee has also previously held senior executive roles with Singapore Telecommunications (Singtel) and was CEO of Optus from between 2004 and 2012.

Commenting on Mr O’Sullivan’s appointment, Mr Gonski said: “Paul’s significant international and Australian business experience, and in particular his extensive career with Singtel, will be a valuable asset to ANZ and the board as we continue efforts to improve our operations and simplify the bank.”

Mr O’Sullivan will stand for election as a director at ANZ’s annual general meeting, which will be held on 17 December in Brisbane.

[Related: New Bendigo chair assumes role]