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ANZ Investment Bank appoints Head of Foreign Ex.

Thursday 30 May 2002

ANZ Investment Bank appoints Head of Foreign Exchange, New Zealand

ANZ Investment Bank announces the appointment of John Body as Head of Foreign Exchange, New Zealand. (Photo below)

John was previously head of Global Forward Foreign Exchange in Melbourne and was also responsible for the Bank's Asian currency trading activities. He joined ANZ in 1985 and has over 15 years' experience in financial markets, covering interest rate and foreign exchange vanilla and derivative products.

He started his career in the New Zealand markets and spent four years in Singapore before working in Australia.

In his new role, John will be responsible for managing all the New Zealand Foreign Exchange business and his appointment reflects the continued commitment of the Bank to maintain its position as the leading foreign exchange bank in Australasia. He arrives at an exciting time for the New Zealand financial markets with renewed offshore investor interest in the New Zealand Dollar.

John replaces Bill Murdoch who has been appointed to a strategic role within the Global Foreign Exchange business.

ANZ is rated the No 1 Bank in Australia and New Zealand for Foreign Exchange, Foreign Exchange Derivatives, Internet based execution, Non Deliverable Forwards, Market Update, Innovative products and Research and Analytics, according to Asiamoney Poll 2002. ENDS

Note to journalists: John is available on an ongoing basis for comment or interviews on foreign exchange issues. If you would like to contact John please call him direct on 04 496 8638 or e-mail bodyj@anz.com.

Ends


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