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Paul O'Sullivan

December 2024

ANZ boss Shayne Elliot has taken another hit from angry investors.

Elliott’s bonus hit shows how grumpy ANZ investors really are

Local fund managers are clearly unhappy with the board’s approach to risk management. Shayne Elliott is wearing a lot of their grief. 

  • James Thomson
ANZ boss Shayne Elliot leaves no shortage of unfinished business.

ANZ’s left-field CEO pick piles risk upon risk

A new chief executive with no Australian experience will spend years finishing Shayne Elliott’s signature projects. It’s a perilous sandwich for investors.

  • James Thomson

August 2024

ANZ chief executive Shayne Elliott, left, and the bank’s chairman, Paul O’Sullivan.

APRA’s brutal hit to ANZ’s CEO and chairman’s credibility

Forget the money. APRA’s fresh capital imposition on ANZ appears designed to embarrass CEO Shayne Elliott and chairman Paul O’Sullivan. 

  • James Thomson

June 2024

Paul O’Sullivan says it is appropriate for directors to disclose personal information about themselves if they wish.

ANZ’s openly gay chairman warns on ASX’s sexuality disclosure

Asking boards to disclose the sexuality, age and ethnicity of directors risks encroaching on their privacy and could make them a target for activists, leading directors warn.

  • Sally Patten and Patrick Durkin

June 2023

ANZ has 8000 staff in two buildings in business parks in Bangalore, which are dwarfed by the giants of global finance around it.

Forget Lower Manhattan, Bangalore is the new hub for global banks

ANZ has more staff in the Indian city than at its Docklands headquarters. Its competitors are there in force, as are the world’s biggest players in finance.

  • James Eyers
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‘You can’t not be here’: Inside ANZ’s India opportunity

ANZ chairman Paul O’Sullivan and CEO Shayne Elliott say that after many false dawns, the Indian reward for Australian businesses is real this time.

  • James Eyers

April 2023

Boards warn of further shocks to financial markets

Leading company directors are stress testing business models, imposing strict cost controls, tightening health checks on customers and suppliers, and meeting daily amid rising interest rates, the collapse of offshore banks and geopolitical tensions.

  • Sally Patten

December 2022

ANZ chairman Paul O’Sullivan.

Climate group accuses ANZ chairman of misleading AGM

Market Forces founder Julien Vincent accused ANZ’s Paul O’Sullivan of making a misleading statement in opening remarks to the bank’s annual meeting.

  • James Eyers

ANZ chairman Paul O’Sullivan in renovation rescue

The bank’s new platform ANZ Plus is a fixer-upper like no other.

  • Joe Aston

November 2022

Optus chairman, Paul O’Sullivan, says there are many lessons from the recent cyberattack.

What the data breach taught the Optus boss (who still backs his CEO)

The telco had to rebuild its entire 10 million customer database to find out what had been stolen, which holds lessons for others, says Paul O’Sullivan.

  • Tony Boyd

July 2022

ANZ CEO Shayne Elliott in Brisbane on Monday. “Just as Suncorp probably feels dwarfed by ANZ, we feel dwarfed by CBA,” he told the AFR.

Shayne Elliott, top gun actor

Around the market, people tend to like the ANZ CEO. That’s because he tells them what they want to hear.

  • Joe Aston

June 2022

Paul O’Sullivan swims and plays competitive water polo

The best advice the ANZ chairman has been given

Paul O’Sullivan, who chairs the bank and Optus, says the need to follow the customer has been his top tip. He answers our Q&A.

  • Sally Patten

May 2022

Paul O’Sullivan says ANZ is taking a “fairly radical approach” to technology transformation.

When people look at ANZ Plus, they don’t see whole picture: chairman

Paul O’Sullivan is concerned the extent of the transformation program is not well understood.

  • Sally Patten

March 2022

ANZ’s digital tsar, Maile Carnegie.

ANZ Plus in wretched debut

The bank’s new app went live on Wednesday with functionality not so much rudimentary as non-existent.

  • Joe Aston

February 2022

ANZ boss Shayne Elliott at the bank’s AGM in December.

ANZ’s Shayne Elliott plans to stick around

ANZ chief executive has told his direct reports he’s not retiring “any time soon”.

  • Joe Aston
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January 2022

ANZ readying for change at the top in 2022

ANZ chairman Paul O’Sullivan may decide later this year who will receive the leadership baton from Shayne Elliott, who has set the bank up for success.

  • Ayesha de Kretser

December 2021

Socially distanced and with a 'rainy day fund': ANZ chair Paul O'Sullivan (right) and CEO Shayne Elliott at the virtual AGM.

ANZ admits ‘we got it wrong’ on home loans

Chairman urges patience and says home loan growth will be back in line with system growth by the second half of fiscal 2022.

  • Ayesha de Kretser

September 2021

Mike Zimmerman (l) with CSIRO chief Dr Larry Marshall, says he believes it is important for a long-term investment fund like Main Sequence to find backers that had a similar strategy and mission.

Saving the world for a profit lures Australian Ethical to CSIRO VC fund

The superannuation and investment manager has become a major investor in Main Sequence, which makes and backs companies trying to fix big global problems.

  • Paul Smith

May 2021

ANZ’s Shayne Elliott is not finished with his strategic transformation but is working on succession planning.

ANZ boss on growth, succession

ANZ CEO Shayne Elliott is eyeing growth opportunities in the payments space and remaking the technology that underpins the bank’s residential mortgages business.

  • Tony Boyd

December 2020

Challenges facing ANZ's new chairman

The annual meeting was a chance for Paul O'Sullivan to send clear messages on shareholder returns. He's off to a good start, but it raises questions about his relationship with CEO Shayne Elliott.

  • Tony Boyd

Original URL: https://www.afr.com/person/paul-osullivan-4qo