Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Graham Ansell leaves ANZ CIO role

Graham Ansell leaves ANZ CIO role, replaced by Paul Huxford

By Sophie Boot

March 28 (BusinessDesk) - ANZ Bank New Zealand's chief investment officer Graham Ansell will step down at the end of April, to be replaced temporarily by Paul Huxford.

Ansell has worked at ANZ for 22 years, formerly as the company's general manager of investment management, and has been in the CIO role for five years. ANZ has begun a search for a new CIO including both internal and external candidates, it said.

"After five years as chief investment officer this is a natural time for him to be thinking about his next opportunity," said ANZ managing director of wealth Craig Mullholland. "I wish him every success in the future."

Huxford will join ANZ next month "enabling him to work with Mr Ansell on a smooth handover", the bank said. Huxford was JP Morgan's managing director for Europe, Middle East and Africa Equities Research for seven years until January 2015, having previously been a director at Macquarie Group, and has most recently been working as an independent advisor, according to his LinkedIn.

The bank's shares recently traded at $28.80, down 0.9 percent today and 15 percent lower than this time a year ago.

(BusinessDesk)

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

21, 22, 23 December: Air NZ Workers Vote To Strike

Last week union members voted overwhelmingly in favour of industrial action in response to the company’s low offer and requests for cuts to sick leave and overtime. More>>

ALSO:

24/7: National Geohazards Monitoring Centre Opens

For the first time, New Zealand will have 24-7 “eyes on” monitoring of the four perils: earthquake, tsunami, landslides and volcanic activity. More>>

ALSO:

EU Wine Exports: Yealands Fined For "Unprecedented Offending"

Yealands Estate Wines has pleaded guilty to “unprecedented offending” under the Wine Act 2003 and has copped a $400,000 fine. More>>

ALSO:

Discussion Paper: Govt To Act On Unfair Commercial Practices

“I’ve heard about traders who have used aggressive tactics to sell products to vulnerable consumers, and businesses that were powerless to stop suppliers varying the terms of their contract, including price.” More>>

ALSO:

'Considering Options' On Tip Top Ownership: Fonterra Drops Forecast Milk Price

Fonterra Co-operative Group Limited today revised its 2018/19 forecast Farmgate Milk Price range from $6.25-$6.50 per kgMS to $6.00-$6.30 per kgMS and shared an update on its first quarter business performance. More>>

ALSO: