London - Australia & New Zealand Banking Group Ltd hired former Lloyds Banking Group executive Andrew Geczy to head its international and institutional banking arm.
Geczy, 50, will start on September 16 and will be based in Melbourne, ANZ said in a statement on Monday. The appointment is subject to regulatory approval, it said.
He will report directly to Chief Executive Officer Michael Smith, who aims to boost profit from outside Australia and New Zealand to as much as 30 percent of the bank’s total by 2017 from 21 percent last year. Geczy replaces Alex Thursby, who left in April to head National Bank of Abu Dhabi.
“Andrew provides a significant addition to ANZ’s management bench strength,” Smith said in Monday’s statement. “He is an experienced global banker with a track record in leading international growth businesses including Asia.”
Prior to joining ANZ, Geczy headed Lloyds’s wholesale and banking markets unit, according to the statement. - Bloomberg