Earnings volatility caused by loan write- offs and the vagaries of financial market trading have made institutional banking divisions a risky place for ambitious executives. Mark Whelan at ANZ is doing his best to change that.
Running the institutional bank at one of the big four Australian banks can be a risky career option for an aspiring banker, given the track record of high executive turnover and middling to poor financial results.
Mark Whelan, group executive, institutional, at ANZ Banking Group, is breaking the mould with a track record of consistently delivering higher returns on equity.
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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
