Finance
Ex-HSBC Banker Nuno Matos Brings ‘Clean Slate’ to ANZ as CEO
- Matos will take the top job at the Australian bank next July
- Shayne Elliott is retiring after nine years at the helm of ANZ
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ANZ Group Holdings Ltd.’s new chief executive officer will face a long list of challenges when he takes up his role at Australia’s second-largest lender by assets next July.
Nuno Matos, the former HSBC Holdings Plc wealth chief who was named on Monday to replace Shayne Elliott, will need to appease regulator probes, integrate the company’s biggest acquisition on record, and eke out profit from an increasingly commoditized lending market.