Nuno Matos Appointed as ANZ CEO, Succeeding Shayne Elliott
Portfolio - People | Dec 09, 2024 | EIN
Australian banking giant ANZ has appointed Nuno Matos as its new CEO, effective from 3 July 2025, following the retirement of Shayne Elliott. Matos brings over 30 years of experience in global banking, having most recently served as CEO of wealth and personal banking at HSBC. During his nine-year tenure at HSBC, Matos additionally held positions as CEO of its UK, Europe, and Mexico operations. Matos’s appointment is part of ANZ's long-term leadership succession planning and signals a continuation of its strategic transformation initiatives. Elliot, who has been with ANZ since 2009 in various senior roles, leaves behind a legacy of growth for the bank. Matos joins ANZ during its merger with Suncorp Bank, valued at A$4.9 billion ($3.1 billion), and aims to further enhance the bank’s market position, especially through platforms such as ANZ Plus and ANZ Transactive.
Sectors
- Banking
- Financial Services
- Mergers and Acquisitions
Geography
- Australia – ANZ is one of Australia's largest banks, and the Suncorp merger is taking place within the country.
- United Kingdom – Nuno Matos has significant experience in the UK banking sector, having previously worked at HSBC.
Industry
- Banking – The article discusses executive changes and strategic moves at ANZ, a major banking institution.
- Financial Services – The announcement relates to leadership within a financial services organization and reflects broader changes in the banking sector.
- Mergers and Acquisitions – The article highlights ANZ's merger with Suncorp Bank, a significant acquisition within the financial industry.
Financials
- A$4.9 billion ($3.1 billion) – The acquisition cost of Suncorp Bank by ANZ.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nuno Matos | Incoming CEO | People | Appointed as the new CEO of ANZ, succeeding Shayne Elliott. |
| Shayne Elliott | Outgoing CEO | People | Current CEO of ANZ, retiring on 2 July 2025. |
| ANZ (Australia and New Zealand Banking Group) | Employer | Companies | A major Australian banking institution involved in a strategic leadership transition and a merger with Suncorp Bank. |
| HSBC | Former Employer | Companies | Nuno Matos's former employer, where he served in multiple leadership roles. |
| Suncorp Bank | Acquired Company | Companies | Recently acquired by ANZ in a merger valued at A$4.9 billion. |
| Paul O'Sullivan | Chairman | People | Chairman of ANZ, commenting on the leadership succession. |