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ANZ 's management reshuffle a reason to be nervous

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Shareholders in ANZ Banking Group have reason to be nervous ahead of Wednesday's management shake-up by new chief executive Shayne Elliott.

Nervousness is warranted because Elliott's management shake-up will show that he is willing to take the hard decisions ignored or left unfinished by his predecessor Mike Smith.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
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    Original URL: https://www.afr.com/brand/chanticleer/anz-s-management-reshuffle-a-reason-to-be-nervous-20160126-gme7wy