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Shayne Elliott

May

Departed CEO Shayne Elliott.

Shayne Elliott final goodbye with ANZ friends

The departing CEO took hundreds of selfies as he left for the final time.

Nuno Matos starts work at ANZ’s Dockland headquarters on Monday.

ANZ’s Matos era to begin with a letter from Elliott

When the bank’s new boss opens the top drawer of his desk on Monday morning, he’ll find a letter from his predecessor, before starting meetings and visits.

ANZ Bank releases interim results on Thursday.

Shayne Elliott leaves ANZ with mixed legacy, and challenges ahead

Suncorp’s contribution supported ANZ’s cash profit of $3.56 billion in the first half, as Elliott bowed out after almost a decade at the helm.

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Kooyong race tightens; How Zoe Daniel lost; Fed’s game of chicken

Read everything that’s happened in the news so far today.

ANZ boss Shayne Elliot says a safer banking system is a less dynamic one.

Banking’s era of turmoil is over. What comes next should worry us all

Outgoing ANZ boss Shayne Elliott says ANZ is a safer, better bank than when he started a decade ago. But he admits safer banks are not necessarily better for the country.

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April

Former ANZ director Jane Halton, chairman Paul O’Sullivan and outgoing CEO Shayne Elliott.

Inside the ‘great frustrations’ between Shayne Elliott and ANZ board

The veteran banker is finishing as chief executive next month – after nearly a decade, regulatory reprimands and plenty of tension at the top.

ANZ chairman Paul O’Sullivan is digesting the Oliver Wyman report.

ANZ review found staff raised concerns and middle managers failed them

Oliver Wyman’s detailed report into the cultural problems within the bank’s markets unit has singled out weak leaders who failed to supervise powerful traders.

APRA lashes ANZ’s risk culture, raises capital penalty to $1b

A separate review of the bank found “weaknesses in culture, leadership, and infrastructure could lead to material issues in the future”.

ANZ boss Shayne Elliot finishes with a black mark on his record.

ANZ has a trust problem – you can bank on it

Paul O’Sullivan has done what no bank chairman ever wants to do – agree to an enforceable undertaking with the regulator.

March

RBNZ governor Adrien Orr, who also acted as the prudential regulator, had imposed strict capital standards on the banks.

Feud over Australian banks a factor in RBNZ governor’s abrupt exit

Adrian Orr had been concerned that in the event of a financial calamity, Australian lenders – by far the dominant banks in New Zealand – would retreat back home.

January

ANZ Bank.

ANZ sidelines itself from booming government bond sale market

Poor morale and a decline in bonuses brought on by conduct issues has also led to the departure of staff including the bank’s top-ranked credit trading team.

Australian Open.

Banker showdown at the Australian Open men’s final

At the tennis, Jannik Sinner triumphed over Alexander Zverev as three duelling investment banks put on their own show.

From top: Seven Group’s Ryan Stokes, Woodside’s Meg O’Neill and Telstra’s Vicki Brady.

CEOs reveal how to fix the productivity problem

Business reckons it’s ready to invest to help bolster living standards for all Australians. It just needs some policy help.

December 2024

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ASX dives 2pc; Shayne Elliott’s $3m bonus hit; JobKeeper ‘saved jobs’

Read everything that’s happened in the news so far today.

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. 

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ANZ chief executive Shayne Elliott.

Shayne Elliott gives up $3m in bonuses as ANZ cops first pay strike

Shareholders have handed the bank its first strike against remuneration in six years, furious about the handling of the crisis engulfing its trading floors.

ANZ chief executive Shayne Elliott.

AGM strike threat looms for ANZ over CEO Elliott’s pay

The bank’s board is grappling with an investor revolt over executive remuneration due to a lack of “genuine accountability” following the bond scandal.

Shayne Elliott has been the chief executive of ANZ since 2016. He will retire from the bank next year.

Shayne Elliott’s rented Corolla wasn’t enough for ANZ in the end

The career banker took the top job in 2016, unwinding a failed regional expansion and wowing shareholders. Those shareholders are a bit less wowed now.

ANZ chairman Paul O’Sullivan (left) with incoming CEO Nuno Matos.

The pluses and minuses of Elliott’s ANZ legacy

How the outgoing CEO’s tenure is regarded will hinge on the long-term outcomes of his two signature projects.

Nuno Matos has worked at HSBC for several years, most recently in Hong Kong.

ANZ investors see new chief executive Nuno Matos as a clean slate

The bank appointed the former HSBC wealth boss to succeed Shayne Elliott over internal candidates. The Portuguese banker, 57, will take up the job next year.

Original URL: https://www.afr.com/person/shayne-elliott-5d3