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flag ANZ Bank names Nuno Matos as new CEO, succeeding Shayne Elliott, amid investor concerns.

flag ANZ Bank has appointed Nuno Matos as its new CEO, succeeding Shayne Elliott, who will retire in July. flag Matos, formerly the CEO of Wealth and Personal Banking at HSBC, has over 30 years of banking experience. flag His appointment has sparked concerns among investors due to its unconventional nature. flag ANZ's stock dropped 1.5% following the announcement. flag Matos will oversee the integration of ANZ's recent $4.9 billion Suncorp Bank acquisition. flag ANZ Chair Paul O'Sullivan praised Matos' leadership and transformation experience, stating he is the right person to continue the bank's growth.

4 months ago
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