The Australia and New Zealand Banking Group Limited (ANZ), a leading financial banking institution in Asia-Pacific (APAC) and with global operations, today made two announcements about changes to its business, including the appointment of Michelle Jablko as the company’s new Chief Financial Officer (CFO) and the rebranding of its online share trading platform E*TRADE Australia which was renamed as ANZ Share Investing.
The news follows just days after ANZ appointed Mayank Navalakha as Global Head of FX and PM Options, as reported by Finance Magnates, and following some other executive moves within the company.
I am very pleased to have Michelle join the leadership team at ANZ.
Role to start in July
As part of the new CFO role which will commence July 18th, 2016, Mrs. Jablko will report to Shayne Elliott, CEO of ANZ, and she joins the group’s executive committee. She will have responsibility for all aspects of finance and treasury, including mergers and acquisitions, as well as investor relations.
Mr. Elliott commented on the appointment: “I am very pleased to have Michelle join the leadership team at ANZ. Her experience at Greenhill and UBS means she is strongly qualified to lead what is a broad strategic, financial and business role at the bank.”
“With Michelle’s appointment and Maile Carnegie joining as Group Executive Digital Banking in July, it’s great to have now filled all the positions on the Group Executive Committee,” added Mr. Elliott, commenting in the ANZ statement.
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“This completes an outstanding team drawn from a diverse mix of experience and new talent from inside and outside ANZ which sets us up to deliver stronger outcomes for our customers, our people and our shareholders.”
Earlier in her career, Mrs. Jablko was a lawyer for two years and then managing director at UBS for over thirteen years. Her most recent positions include at Greenhill & Co where, according to a LinkedIn profile, she has been managing director since March 2014.
While this is an important change, customers will continue to access the same trading tools, investment options and services they did under the E*TRADE Australia brand.
E*Trade was initially launched in Australia in 1998, and become a wholly-owned subsidiary of ANZ nearly ten years later in 2007. The rebranding was aimed at aligning the company’s brand name with its product, as per the announcement from ANZ today that coincided with the new CFO appointment.
ANZ Managing Director of Pensions and Investments, Peter Mullin, commented in a company statement regarding the rebranded platform: “This is an important change for us as it brings our online share trading platform into the ANZ fold.”
Mr. Mullin concluded: “ANZ has a strong brand that is widely recognised and trusted among our customers, so it makes sense to move this platform under that banner. While this is an important change, customers will continue to access the same trading tools, investment options and services they did under the E*TRADE Australia brand.”