The Directors of Australia and New Zealand Banking Group (ANZ) has announced that John Morschel would succeed Charles Goode as chairman in February 2010.
The announcement follows the board’s acceptance of advice from Sir Rod Eddington as he decided to withdraw his offer to serve as an ANZ Director and to succeed Mr. Goode as Chairman, as announced in November 2008.
Mr. Goode said: “John, who has extensive experience as a Chief Executive and more recently as a non-executive director and Chairman of major Australian and international companies. He has been a Director of ANZ since October 2004 and has made a major contribution since joining the Board.”
Mr. Morschel said: “I look forward to continuing to work with the management team led by Mike Smith in realising our vision to build a super regional bank.”
