Banking veteran retires

ANZ's deputy chief executive officer Graham Hodges will retire in May after a 27-year career with the bank.

Hodges has held a range of senior executive roles since joining ANZ in 1991, including chief executive of ANZ New Zealand, group managing director of corporate banking and chief economist.

As deputy chief executive, Hodges' remit includes bank operations, customer relations, chairing several of the banks entities and engaging with investors, governments and regulators. He was appointed to the role in May 2009.

In the same month, he then became acting chief executive when former chief executive Brian Hartzer left to pursue an international career with the Royal Bank of Scotland. Hartzer joined Westpac in 2012 and was promoted to chief executive three years later.

Before joining ANZ, Hodges ran businesses in Australia and New Zealand. He's also worked as a stockbroker with the International Monetary Fund in Washington DC and Commonwealth Treasury in Canberra.

ANZ chief executive Shayne Elliott said Hodges has made a significant contribution to ANZ over many years, working tirelessly across a diverse portfolio of responsibilities.

"He can be proud of the positive impact he has had not only on our relationships with our customers and key stakeholders, but also for the way he has mentored our next generation of leaders," he said.

Elliott added: "Personally, I want to thank him for his efforts in helping reshape ANZ into the bank it is today as well as the support and advice he has provided to me over many years. I know everybody at ANZ wishes him every success in the next phase of his life."

Hodges will continue to represent the bank on the board of Malaysia's AMMB Holdings Berhad, which ANZ acquired a direct interest of 19.1% in 2007.

Read more: ANZGraham HodgesBrian HartzerShayne ElliottAustraliaInternational Monetary FundMalaysiaRoyal Bank of ScotlandWashington DCWestpac
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