When Shayne Elliott poached Maile Carnegie in 2016, it was a gamble: she wasn’t a banker. But for the ANZ boss, that was the point.
He knew major banks like ANZ were staring at years of uncomfortable technological disruption. He also realised ANZ’s legacy IT systems were not fit for a future competing against digital specialists.
Paul SmithTechnology editorPaul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
James EyersSenior ReporterJames Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au